Buying Swing: removing the short leg of the 500 479.50 pDS
Posted: Wed Feb 05, 2014 9:38 am
Buying Swing: removing the short leg of the 500 479.50 pDS at .75-.90 about .20 profit from short entry. we hold the long 500 puts leg . Strategy would be to exit the long puts at 1.25 1 x loss if we moved higher, but since we made 20 cents just now am moving the mental stop down to 1.05 and there we would still have only 1x loss.
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 !!