Selling Swing: shorting AAPL 385 weekly puts at 1.15 area v

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MMASSASSIN
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Selling Swing: shorting AAPL 385 weekly puts at 1.15 area v

Post by MMASSASSIN »

Selling Swing: shorting AAPL 385 weekly puts at 1.15 area vertical trough AAPL 375 weekly puts at .32 2X OVERSIZED. AAPL finally hit 390 and have to start turning my stances from bearish to bullish. Yesterday was away for part of the day due to some outside biz but ended up the day with a long AAPL 395 puts at 3.60 area of very large size vertical debit spread trough 385 weekly puts, now today we are further increasing the size of the short on 385 puts with the new 375 leg to make a more bullish overall positions. Next steep would be to find an exit on the 395 weekly puts short other on continued build, or on a retesting of the 390 line.

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 !!