Selling Swing: selling +QNZLI 1/2 at 4.80-.70 UAUA 145 Dec c
Posted: Thu Dec 03, 2009 12:10 pm
Selling Swing: selling +QNZLI 1/2 at 4.80-.70 UAUA 145 Dec calls 300% pure profit . Im here locking in a large chunk of profits on UAUA calls and see a significant intraday negative is here on the verge of clearing on my formulas. Big smiles to those who positioned in this options play , will be watching to unwind the rest of the position if weakness shows followthrough. Am also here looking for entry on +UALXM UAUA 9 Dec puts, my first bearish position on the airlines