An initial call or put position represents a starting position, not necessarily a definite bull or bear one.
Once the market direction is confirmed, you can adjust the initial position conforming to market direction, by selling an appropriate call or put to form a bull spread or bear spread.
You can monitor and continue adjusting them based on the market condition.
Trading Adjustment
walker789 (2010-10-13 04:58:34) 评论 (0)An initial call or put position represents a starting position, not necessarily a definite bull or bear one.
Once the market direction is confirmed, you can adjust the initial position conforming to market direction, by selling an appropriate call or put to form a bull spread or bear spread.
You can monitor and continue adjusting them based on the market condition.