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Old 05-12-2009, 02:11 PM
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Join Date: Aug 2008
Location: Miami beach
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Default .selling swing C 2X oversized at 3.70 LOCKING A LOT OF PROFITS

.selling swing C 2X oversized at 3.70 LOCKING A LOT OF PROFITS and protecting capital. This is al the accumulation mainly from 3.00 - 3.78 my highest entry. there may be more adds within that area on C but I wish to protect this capital with the intent to accumulate this lower. Any stock positions on C from 1.00-2s I now consider long term and have no intent of selling trough these ups and downs. I wish to protect this capital and renter C either cheaper or confirmed strength, do not mind reentering it higher if strength reemerges especially since according to my strategy a oversized stock stake is equal to 5 oversized options stake because of the risk difference. Time to be safe as banks come of such oversold levels.
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