Selling Swing: AGRESSIVE STRATEGY buying long leg of an add

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: AGRESSIVE STRATEGY buying long leg of an add

Post by MMASSASSIN »

Selling Swing: AGRESSIVE STRATEGY
buying long leg of an add to 540 cDS 1.71-1.90 with .65 OVERSIZED spread in mind. we will enter the short leg before the close. We moved back down to 527 even bellow it giving us a nice premium picture. We believe that if we get a swing out of AAPL here then the path is clear for a move to 540. We still have bearish bets on the market trough and now we would like to see SPY hold 145 support since if its lost then AAPL may not get its multi day bounce. no multi day positives on AAPL on my formulas yet but still nice daily candle action with todays candle opening above yesterdays dojo.

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 !!