Page 1 of 1

Selling Swing: shorting 161 calls at .51 instead turning t

Posted: Wed Jun 26, 2013 3:52 pm
by MMASSASSIN
Selling Swing: shorting 161 calls at .51 instead turning this into a very large cDS. We could lock in the profits right now by turning this into a butterfly but choosing to remain bullish for now overnight even though we are having a lot of difficulty passing 160.24 resistance.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!