Buying Swing: covering AAPL 96 call short at .60 area from

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MMASSASSIN
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Buying Swing: covering AAPL 96 call short at .60 area from

Post by MMASSASSIN »

Buying Swing: covering AAPL 96 call short at .60 area from the 96 97 cCS call credit spread. and going long same contract amount 96 calls. Yesterday we shorted a huge 96 calls position around 1.30 and today were locking in great profits and going long. We have bearish puts plays below these levels so we can afford more bullish exposure after locking up so much bearish profit. 2X mental stop on the 96 calls long again now same contract amount as we had 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 !!