Selling Swing: selling 1/2 AAPL stock at 422.50 from 385 ca

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 1/2 AAPL stock at 422.50 from 385 ca

Post by MMASSASSIN »

Selling Swing: selling 1/2 AAPL stock at 422.50 from 385 calls at 3700% profit that we held after exercising for months back this gives us 47x oversized but since we only sell 1/2 before Es that becomes 37x oversized profit. So in options equivalent thats a 37 thousand % gain on a option that we allowed to exercises and remain as stock in the portfolio margining side of the account. This was an enormous stake of stock and only 2 stocks in the whole market that I would ever allow this to happen . and those are only AAPL AND TSLA. I felt good enough about these 2 stocks. But I have only done it with . Event SPY witch represents the s&p I did allow once but held only a week not months as we did with AAPL. OK we hold the other 1/2 into the Es and we are shorting 390 puts 2x oversized and long 445 calls weeklies long 1x oversized. the short on puts credit spread is financing the long on calls.

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 !!