.selling swing +CUW at .05-.04 This is the same area of the
Posted: Fri Sep 04, 2009 9:58 am
.selling swing +CUW at .05-.04 This is the same area of the last entry but a strong loss from the first .10 entry. I am removing this bearish stance since the 4 strike calls can be the fastest to deaprushiate on a move up. The FNM bullish position from yesterday at 1.56 now 1.80 is helping to offset puts profit lost. I still do not trust the bullish tern in financials but yesterday multiday buy signals did clear and so far the FNM profits from yesterdays entry already equals the equivalent of a 1X oversized options stake pure profit. Here is where sizing strategy comes to play.