Updating our trade on ConocoPhillips COP by StockMarketMento You must be logged in to view this content. Please log in Trade Adjustment
maddenmg says: April 11, 2013 11:00 AM at 11:00 am Meaning Sell the Call above it now? Log in to Reply
Josh says: April 11, 2013 11:14 AM at 11:14 am Yes, we are selling the 65’s here. We’d like to reduce our risk before earnings. Log in to Reply
maddenmg says: April 11, 2013 11:03 AM at 11:03 am Meaning sell the 65 Again over it or Closed it out for Profit? Log in to Reply
Josh says: April 11, 2013 11:15 AM at 11:15 am We are just long the 62.5’s so we are selling the 65’s to convert our call into a bull call spread. We’d like to reduce our risk before earnings and COP has moved up nicely. Log in to Reply
anchored says: April 11, 2013 03:27 PM at 3:27 pm Just confirming to ensure I am doing this correctly, you mean to sell the 65 COP Jan 2014 call? Thanks a heap. Log in to Reply
anchored says: April 11, 2013 03:24 PM at 3:24 pm Hi guys. As in sell the Jan 2014 COP 65 calls. Just wanting to make sure. Thanks a heap. Log in to Reply
Josh says: April 11, 2013 03:27 PM at 3:27 pm Yes, we sold the Jan 14 65 COP calls to ‘cover’ our long 62.5 calls, the result is a bull call spread. Log in to Reply
Meaning Sell the Call above it now?
Yes, we are selling the 65’s here. We’d like to reduce our risk before earnings.
Meaning sell the 65 Again over it or Closed it out for Profit?
We are just long the 62.5’s so we are selling the 65’s to convert our call into a bull call spread. We’d like to reduce our risk before earnings and COP has moved up nicely.
Just confirming to ensure I am doing this correctly, you mean to sell the 65 COP Jan 2014 call? Thanks a heap.
Hi guys. As in sell the Jan 2014 COP 65 calls. Just wanting to make sure. Thanks a heap.
Yes, we sold the Jan 14 65 COP calls to ‘cover’ our long 62.5 calls, the result is a bull call spread.