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S-T option trade


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#1 cycletimer

cycletimer

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Posted 07 October 2013 - 09:05 AM

Just bought a 1/2 position in the SPY (Oct 19 exp.) 169 calls at 1.35. Will hold into the close and possibly through tomorrow, depending on strength. I am looking at Purchasing UPRO on a swing basis as well when I have confirmation of a S-T bottom.