.buying swing C 2 april +CPU puts at .19 2X OVERSIZED
Posted: Mon Mar 30, 2009 10:42 am
.buying swing C 2 april +CPU puts at .19 2X OVERSIZED I used the bounce to a negative sweetspot to position into the same puts sold today at .23 now at .19 a 21% cheaper price and I consider this a continuation of the play from .15 even though the full stake was sold and then re bought cheaper. I dont have a pul back target though I think at 2.00 strong potential of a lot of support there perhaps as low as 1.85 but I see that as more unlikely.