Selling Swing: creating 132 pCS-- by shorting 130s at 3.30
Posted: Wed Jul 31, 2013 3:23 pm
Selling Swing: creating 132 pCS-- by shorting 130s at 3.30-.20 same contract amount as our long 135 calls we entered into yesterday twice. Now we will not enter the contract amount we entreated into on friday or back before earnings. Whats this dose is make a very powerful hedge on . Since we did 2 enterys yesterday on 135s amount to 2x long, this position means that every 60 cent move down becomes an oversized profit.
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 !!
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 !!