Well we did it with having to roll last week and again Tuesday this time the opportunity posed same expiration date but able to roll to 135/136 even. That was a total of .62 cr. for two weeks. Only new option trade announced was late thursday SPY selling the137/138 call for a .03cr. Very good but scarry 2 week trade and a typical 3-4% on a 2 day trade. I'll much rather stick to the 2-3% for 2 days. Less risk and stress. This week expect futher selling pressure on the SPY and AAPL.
So how did I do for the week in Slow Money Option Trading
https://docs.google.com/spreadsheet/ccc key=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ
I have developed a very good call buying strategy with consistency in trading over the past several months. I know this sounds strange but I am putting it on a shelf for the time being. Without going full time and devoting more resources it just takes up to much of my time. I can only trade so many positions what is the use of bring more trades to the table if I cant take advantage? Sorry but that is the way that I see it.
Remember if your not a paid up member of the Fast MoneyTradingTeam you will not get the weekly Slow Money Option recommendations. Yes, I expect to publish Wednesday,Thursday or Friday my weekly option trade to the paid up members.
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I hope you will learn from my years experience as a professional trader.