Buying Swing: AGGRESSIVE STRATEGY covering then going long

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: AGGRESSIVE STRATEGY covering then going long

Post by MMASSASSIN »

Buying Swing: AGGRESSIVE STRATEGY
covering then going long 470 puts at .35 area from 5.30. now that we locked in profits were going long 1x oversized. high risk play trying to time a top, but if AAPL continues higher then would look to short the 545 calls and use this as the long leg, though the short would be 1/2 the contract amount most likely.

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 !!
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