Selling Swing: selling 1/2 AAPL 330 weekly puts at 2.72 are

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:
Contact MMASSASSIN

Selling Swing: selling 1/2 AAPL 330 weekly puts at 2.72 are

Post by MMASSASSIN »

Selling Swing: selling 1/2 AAPL 330 weekly puts at 2.72 are so 504% from .45 initial entry, we were 2x oversized so will now let the rest ride, big smiles, not to mention that we still are short 4x oversized the 320 weekly puts that are quickly moving towards 100% gain the spread swell. Now I have a big loss on GLD even though we were originally bearish I trend the position and didn't follow my own play but this win is more than offsetting it.

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 !!
Top

Return to “Swing for the Fences”