.selling swing +CUW 2X OVERSIZED at .10 OVERSIZED C 4 Sept P
Posted: Tue Aug 25, 2009 1:19 pm
.selling swing +CUW 2X OVERSIZED at .10 OVERSIZED C 4 Sept PUTS ,With mental stops on these shorts at .13 . The strategy here is in light of the market strength position a bullish market hedge. I am still holding the long puts stake, so the biest remains bearish financials till or if I sell the long puts position. If the market passes highs ill let go of the C puts long.