its nice...for this last trade

    Using options to trade

    Posted by pointa on 7th of May 2014 at 02:26 pm

    its nice...for this last trade of SPY PRO you sould bought jun14 187 call at 3.06 and soldl jun14 189 call at 2.53, total debt: 0.53..or you want more spread ?

    is that ok ? Steve , Matt..what do you think ?

     

    I actually bought the Jun

    Posted by mattsox05 on 7th of May 2014 at 02:38 pm

    I actually bought the Jun 189 calls (as you stated) and sold the Jun 193 calls - I did the 4 point wide to capture the bigger moves the system catches..

    If the market moves substantially higher, like 192 and the system is still long, I will roll the position up as long as the system remains long.

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