shorting $GMCR 55 Dec calls at 1.37-.20 vertical trough $GMCR Dec 57.50 calls at .35 area OVERSIZED the spread, sorry for the late post but mentioned it timely in the cc

/s shorting $GMCR 55 Dec calls at 1.37-.20 vertical trough $GMCR Dec 57.50 calls at .35 area OVERSIZED the spread, sorry for the late post but mentioned it timely in the cc. GMCR can fall much more so any short on calls even after this fall should lead to 100% gain . Wanted to buy some 50 puts swell but that slipped away from me, would only enter those if we bounced.

Posted in General Trading