This one doesn't have great risk to reward. I will look to close the position out as the Volatility crush comes over the next 2 days.
Wednesday, March 14, 2012
MCP: Spread trade
With 2 days left MCP atm calls were trading for a .78 premium. I sold that short with a hedge of 50 shares long, which I picked up on a spike.
This one doesn't have great risk to reward. I will look to close the position out as the Volatility crush comes over the next 2 days.
Chart looks nice for a long entry on a pull back to 29.
This one doesn't have great risk to reward. I will look to close the position out as the Volatility crush comes over the next 2 days.
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