Hy sameer999
By the way: Thanks for the friend.
My idea : We are in an uptrend. As you know, the market not always goes up and up. There are moves which go quickly down ( Pull backs ) and after that it goes up again.
So what can I do to catch this backward moves. If I have a pbcks I could sell a put, which I already have and at the same time I could sell a cspr for the up move to make some money
I mean: Option trading is like Soduko. You have to search the possibility which is given to you, in a certain time, in certain circumstances and if you do your home work, you should surwife. What I learned so far : The best trades are the ones you loose only a little bit to see how much you could have lost.
But this is my idea and what you do, you do by your self.
My friend
Regards and good trading
U from manila, philippines. i didnt noticed that before. also your name tells u r not indian.
when u r writing here, u shld use short forms of words of which u r sure that others will understand it else its gud to write full words.
Lines marked in red by me, ...
pbcks , i guess u meant pullback?
took much time tryin to figure it out!
i thought it was som stock's name which u hav.
also , u mean to say u already own a put?
that means u hav buyd a put and whn the market slips down , u want to sell it , rather u want to square off your position n com out of that trade making profit.
I could'nt understand that before, no worries.
And (surwife!) , maybe typing error, of word survive.
wife is different , hahahhah , :rofl:
just enjoying.
take care.