Stops on SPYPro Options

    Posted by spytrader on 9th of Apr 2014 at 10:31 am

    Matt/Steve, up about 10% on SPY system trade from 4/7 due to playing calls vs. straight shares, thanks, great trade. Do you guys still leave hard stop at 10% in this case or tighten it (maybe to b/e) when sitting on nice profit. I'm using single-entry/exit, not scaling out. TIA for your thoughts.

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