cmanakas December 12th, 2010 at 4:56 pm
Phil…I have reviewed your SSO trade above and I have one question please. Why are you selling the June 42 Calls when the SSO closed at 46 on Friday? How can you make any money on the SSO side of the trade if the short 42 Calls are blocking your upside move in the market? Please advise. Thanks.
December 12th, 2010 at 4:56 pm
Phil…I have reviewed your SSO trade above and I have one question please. Why are you selling the June 42 Calls when the SSO closed at 46 on Friday? How can you make any money on the SSO side of the trade if the short 42 Calls are blocking your upside move in the market? Please advise. Thanks.