18
Aug
11

Covered my ratio spread..

In my previous post https://writingoptions.wordpress.com/2011/08/10/finally-markets-will-rebound-today/, I had written about entering into ratio spread on Tuesday. Markets were extremely oversold in short-term and I sold several OTM puts. As a trader it was extremely satisfying trade. In trading also, just like investing it pays to buy panic and sell greed. But these are volatile times and one should be extra cautious before writing puts and going long.

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