Buying Swing: covered short AAPL 340 weekly puts at 3.35-.45

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.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: covered short AAPL 340 weekly puts at 3.35-.45

Post by MMASSASSIN »

Buying Swing: covered short AAPL 340 weekly puts at 3.35-.45 and will now ride the short on 340 weekly puts. 3.40 was mental stop mentioned in initial post. Moving into a straddle allowed us to profit from whatever direction AAPL chose to go with one sides premium loss making up for the others gain.