Buying Swing: creating butterfly by buying AAPL 92.14 puts

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MMASSASSIN
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Buying Swing: creating butterfly by buying AAPL 92.14 puts

Post by MMASSASSIN »

Buying Swing: creating butterfly by buying AAPL 92.14 puts at .29 area and double short 92.50 puts at .40 area based on the 92.86 put entry from earlier. This makes the play cheaper, and protect us from theta.

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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