How I Sell Options Short: A Real Trade Example

 When $XLE was over a 72.5 RSI intra-day Tuesday I sold ten at-the-money $94 strike calls for $720 and bought 10 $96 calls for $92.45 to hedge as it reversed around $94.26. The close ended up forming a gravestone doji. I was selling the call options based on the risk/reward and price history of price […]

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