Teva Pharmaceutical Industries Ltd (TEVA)

[JLS]

Itchy trigger finger?

I'm sure you know you sent the same message twice. You could ask iHub Admin to delete one of them (especially since you wrote them). However, probably too late to do that now.

Technically, I don't do Swing Trading. Tried it years ago and didn't like it -- too much wheel spinning going from a Long stock (or ETF) position to an Inverse position as the market flips and flops. And, of course, anyone can do the same with options by trading both Puts and Calls. That flipping and flopping is inefficient and one can pile up losses during that process (because the trader always has to wait for the confirming signal, which means the trade is always at least a little bit late.

What I described above doesn't happen in CC trading as the trader keeps the shares of stock and swaps into a different Short-Call position (thus deriving additional income) to compensate for market gyrations, and the trader also has the choice of buying Puts while holding shares and selling Calls. I have sometimes swapped into three different Short-Call positions during the same week as the stock's share price swung up and down during that week. In contrast, a Swing trader would have swapped between Long and Short ETFs (or perhaps stock, or option-only positions) during that week. I would never do that.