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Buying Swing: adding a new sept 132 short leg for .50 on th

Posted: Mon Aug 11, 2014 3:13 pm
by ctinvestor
Buying Swing: adding a new sept 132 short leg for .50 on the GLD 129 calls to now have a 129/132 cds. I have a hedge as well if we breakout in the markets and test the highs/breakdown this month with a 125/123.50 pds. Remember I had the 135 Sept shorts, let those go a little while ago now added a new short to further reduce my risk on the trade by about 25% per spread.