Buying Swing: adding AAPL 410 weekly calls OVERSIZED at .66

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.
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MMASSASSIN
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Buying Swing: adding AAPL 410 weekly calls OVERSIZED at .66

Post by MMASSASSIN »

Buying Swing: adding AAPL 410 weekly calls OVERSIZED at .66 OVERSIZED to bring up the stake to a 2x oversized stake. AAPL has had enormous strength today despite the weak market so now am willing to make the stake stronger bullish. The earlier shorts on SPY puts should help erase the losses on the 132 calls. Back to AAPL it is on the verge of multiday buy signals today and today we should see resolution on this debt ceiling and with that a strong spike on AAPL would most likely follow. Before the close the second part of the strategy would be to short the 415 weekly calls hopefully after a market run as to protect against theta overnight.

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 !!