Big Board Toolbox

[cta751]

Sounds like a good strategy to me and I have put some thought into that as well. 5 contracts can turn some nice gains if the stock if moving well.

I very much like the idea of buying a larger number of contracts then selling off part of them when you have enough profit to cover your entry amount and give you some profit then riding the rest if things look promising for more gains.

We have in the past gotten in early, taken small profits only to see some huge gains afterwards. This looks to me like a way to still do what we have been doing and get out with some profit but leave some for bigger profits if the gains continue.