Wednesday, January 13, 2010

12/01/2010 - LVS

Charts showing strong support at $15 , tested support sometime back & started the uptrend to the current price above $18.

With premiums added onto the Cash Capital in my trading acct, allows me to take on more leveraged positions. Not putting myself into a short term risk of being involved with the short-term price sway ard $18 area, i'll put my 'risk' positions at the support or below, capitalising & taking advantage on the Out-Of-the-Money(OTM) volatility+time value currently.

Will monitor as time passes towards Feb Expiry to decide on adding more "risk" positions or should i say 'Advantage" positions. Considering Feb $13 as addon.

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