Discussion in 'Stocks' started by TheROTrader, Jul 29, 2009.
been killing Wynn the past couple weeks, been a pretty easy trade.....anyone else trading it?
b in low 30's sold 48..then bought 45 puts..out now..waiting to short wynn in the low to mid 50s
atill in my mgm avg 6.34
I've been short WYNN the last $10 (to the upside). Gotta love this stock and its squeezes
lol.. yup i always watch and wait for thi sone to set up...love it!
Why would you stay short the last $10. It reminds me of the marketsurfer WFC trade.
I could well stay short the next $100, I'll just steadily reduce the amount of shares to offset the rise in price. I'm long other stuff against it.
That is a bizarre strategy. But good luck with it.
Bizarre? haha How else would you trade a factor-based long/short book?
No other way. Best of luck.
i'm buyin the dips
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