Selling Swing: entered rest of 535 calls body at 3.40-.30
Posted: Tue Nov 26, 2013 3:42 pm
Selling Swing: entered rest of 535 calls body at 3.40-.30 and in so doing we lock in about 7.2X oversized profits, and and that to the max profit potential. Its not quite as nice as a 5.00 short but wish to protect against theta. We remain bullish and think that the potential for continuation remains high.
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 !!