Quote from iceman1:
how's it working out for you?!
Quote from hajimow:
Started shorting from 14.85 and slowly added to my position for every 50 cents up and then covered that portion with 50 cents down. I am very comfortable with my position. You should be patient.
Here is my strategy to short a stock. Let's say you want to short BBRY at 14.85. You short 20% at that price. It goes up 0.5 cents, you short 20% more and also sell 40% covered PUT for 14.5 and then if it drops 50 cents, you cover your 20% and then if it goes up you add 20% more and sell PUT for 15 for 20% of your short position. This is a simplified version of how I trade.
Quote from hajimow:
Started shorting from 14.85 and slowly added to my position for every 50 cents up and then covered that portion with 50 cents down. I am very comfortable with my position. You should be patient.
Here is my strategy to short a stock. Let's say you want to short BBRY at 14.85. You short 20% at that price. It goes up 0.5 cents, you short 20% more and also sell 40% covered PUT for 14.5 and then if it drops 50 cents, you cover your 20% and then if it goes up you add 20% more and sell PUT for 15 for 20% of your short position. This is a simplified version of how I trade.