Buying Swing: buying long leg of puts AAPL 92 91.43 pDS at

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MMASSASSIN
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Buying Swing: buying long leg of puts AAPL 92 91.43 pDS at

Post by MMASSASSIN »

Buying Swing: buying long leg of puts AAPL 92 91.43 pDS at .31-.33 with a .15 spread in mind. There is resistance here on AAPL so we need to do some bearish protection. But after the huge weekly shakeout candle of last week we could break right trough. So stop would be 0.17.Remember we added AAPL july 93.57 calls friday a substantial position, so this serves as a temporary much smaller hedge.

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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