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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (56469)9/13/2024 1:03:01 PM
From: Trader J  Respond to of 56532
 
Thanks. I only have overweight long shares and both positions have been trimmed by 33% between $120 and $135. The only call play I had was 12/20 $105 calls, capturing two earnings reports if desired, when the stock dipped to $105 and then into the $90s. I bought at both price points, the same strike. I ended up unloading them all before earnings when the stock ran into the upper $120s. Figured why risk a 100% gain. Glad I did.

I was looking to do it again on a breakdown below $105 maybe back to $98 again but was a day too late while trying to time it a bit too closely, so I missed it. So be it, I don't force trades. I let them come to me.