Selling Swing: entered short leg of 96 95.71 pDS at .09 ear
Posted: Thu Jul 24, 2014 12:07 pm
Selling Swing: entered short leg of 96 95.71 pDS at .09 earlier, premium decay wiped out what at one time was 3x oversized intraday profit. We called the pullback well , but unfortunately did not fall enough to make the math align for a credit spread. Once the profit went away we wanted to keep the bearish protection and chose to close up the risk with the short.
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 !!