Short Term Pinch (STP)

[SamLBInj]

Options are another Monster, They can be a Monster and a Beast or they can eat you alive. Even when you do good you can still get freaked out as they can skyrocket overnight.
My $3.50 RAD calls for this week that I paid around .12 I did two things.
1. When they went to .80 on Monday I sold enough where I have a Profit and a load of free options. I could have sold all for a huge Profit but I rolled the Dice and evened the Odds a little by Rolling Half of them another Week out.
2. When it started Dropping Yesterday I Rolled half to next week $3.50 call.

Now I have a Profit no matter what happens and I also have 2 weeks to wait for a nice Buyout.