While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
Partial Closing Trade!
SELL 20 AAPL 132 2/27/15 Calls When AAPL prints 132!
This is when the Options get pumped up.
The Goal is to pay for the trade and let the rest ride into month end.
We are long 40 calls. This takes out position down by half.
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.