Selling Swing: at the close we again sold AAPL 545 calls at

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MMASSASSIN
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Selling Swing: at the close we again sold AAPL 545 calls at

Post by MMASSASSIN »

Selling Swing: at the close we again sold AAPL 545 calls at 4.15 same contract amount as the 550 long kicker. For a while entering them was hurting us in a very big way removing some profits from the week, but by being able to undue that side it placed us back into original strategy. this means that if we move up it would not work in our favor where our biest is now focused towards the 640 area. We did keep the puts credit so that helps with a few X gain if we had strength.

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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