Buying Swing: AAPL continuing puts calendar butterfly strat

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: AAPL continuing puts calendar butterfly strat

Post by MMASSASSIN »

Buying Swing: AAPL continuing puts calendar butterfly strategy.
with this weeks long expiring we will turn the position into a
121 122 120 pCB
Longs next week short 122 weekly after April monthly expiry .
122 121 120 pB same contract amount
(if you do the math , you don’t need the 121 long from calendar instead you end up with half 121 short or a strait pO2B)
120 119 pDS
120 118 116 pDB 2X Oversized
117 116 pDS
(again do the math and U see how the 116 puts long vs short is affected. U end up net short)

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!