Selling Swing: shorted 202.50 calls at 3.05-2.80 area as w
Posted: Mon Apr 28, 2014 2:52 pm
Selling Swing: shorted 202.50 calls at 3.05-2.80 area as we hit the declining weekly trend line at 196. This locks in about 350% minimum oversized profit, so 3.5X. with 1500% oversized max profit potential, so 15x oversized.
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 !!