Buying Swing: covering short leg of 530 pDS at .46 thats t

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MMASSASSIN
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Buying Swing: covering short leg of 530 pDS at .46 thats t

Post by MMASSASSIN »

Buying Swing: covering short leg of 530 pDS at .46 thats the 535 leg. AAPL is well placed to have continuation, and am trying to se if we get a breakout for the final hour, we will reenter this short leg either way before the close. The 120 puts are working nicely with oversized profit so far. We will enter the 115 calls short leg for the 120pDS at the close. As far as calls no ned to enter a short protection there since our risk is controlled only holding the 125 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 !!
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