Selling Swing: selling AAPL 370 weekly calls at 3.60-.50 fr

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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Selling Swing: selling AAPL 370 weekly calls at 3.60-.50 fr

Post by MMASSASSIN »

Selling Swing: selling AAPL 370 weekly calls at 3.60-.50 from 1.50 so over 100% profit but this leaves the short on 385 weekly puts naked, VERY HIGH RISK, if we lose the day lows will reenter the long leg but for now want to remove losses when we bounce

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 !!