We went beyond my 2120 area and I added the extra long NOV call as planned, the contingent orders triggered and now the trade is back to B/E, I usually try and avoid using this long call if the market goes straight down from my entry then great, if we bounce up a bit then I get the extra long to reduce my delta exposure, that is the case this month. Game plan updated accordingly
Monday, October 25, 2010
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