.selling swing last reentry +QOIJW at 1.55 area and QID at 2
Posted: Thu Oct 01, 2009 2:26 pm
.selling swing last reentry +QOIJW at 1.55 area and QID at 24.05 . +QOIJW is 34 calls QID Oct. OK after today selling 1/2 then buying bcd 1/2 and another oversized now I am selling the oversized plus the original 1/2 just about same level of last reentry. I am doing this to protect profits when now on my formulas significant intraday positive no my formulas is clearing on the DOW here and I wish to protect profits. Today is a day to be very fluid so if the market again loses its day lows then I will again buy all of this back at higher levels if need be. so I am back to 1/2 of the positions I had prior to today but if weakness reemerges I will not send an email just rebuy the 1/2 stakes plus the oversized stake. In larger strategy market continuing fall would be the best case senerio.