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Thursday, September 10, 2015

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Exit QQQ put for slight loss

10:04 AM    No comments
Im going to go ahead and close out that QQQ option and sell it for 1.60 for a bit of a loss..if you saw yesterday, I got in at 1.67.
Why goof around with this option when I can go out and readjust my position for my next play...a leap option. So my out:

Ok, so that is a 4% loss, but who cares, I made 14% on my last trade on FAZ and with SPY today I made even more than that.
My next post is in 10 minutes....a leap option I am going to hang out there. I will explain in the post.

Tradinginsider

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