Buying Swing: covering short 500 calls at 2.57-.80 from 6.
Posted: Mon Sep 23, 2013 2:28 pm
Buying Swing: covering short 500 calls at 2.57-.80 from 6.00 at open, this created a cO2B where we are intraday removing the half body we had completely.and while locking in great profits on today short leg.
Doubling the 505 long leg at 1.60 area.
So with this add we now have a kicker for if we enter the full body of 500 at the close. It gives us a strong bullish intraday position and we will enter at least 1/2 of the body short before or at the close.
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 !!
Doubling the 505 long leg at 1.60 area.
So with this add we now have a kicker for if we enter the full body of 500 at the close. It gives us a strong bullish intraday position and we will enter at least 1/2 of the body short before or at the close.
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 !!