Buying Swing: turning 545 long leg into a 550 butterfly by

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: turning 545 long leg into a 550 butterfly by

Post by MMASSASSIN »

Buying Swing: turning 545 long leg into a 550 butterfly by buying 555 calls same contract amount as the 545 and then double shorting 550 calls. This way we move into a sideways to pullback setup and lock in a great amount of profits on the AAPL 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 !!
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