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Buying Swing: buying AAPL 99 puts at .23-.25 same contract

Posted: Tue Aug 19, 2014 1:15 pm
by MMASSASSIN
Buying Swing: buying AAPL 99 puts at .23-.25 same contract amount as the 99 calls to work as a hedge on p our AAPL 99 100 101 cOB. we have not yet closed the body even though we were at one time up 1100% but we believe there may be intraday continuation up into the close. This aggressive puts position is also an oversized of .04-.05 in mind so we wish to get stopped out at 2x oversized if we continue higher.

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 !!