Home › Forums › Swing Trades › Long Volatility In LNKD › Reply To: Long Volatility In LNKD
March 17, 2015 at 8:39 am
#2289
Steven Place
Keymaster
Going to bail on this trade for a slight loss. Althought LNKD *did* move, it hasn’t moved enough to really give the straddle buy a proper “kick.” And given the way breakdown setups have been working, if this breakdown fails and the stock rips higher, the losses will become much greater.
Sell to close LNKD Mar 265 straddle @ 10.30 or higher