Buying Swing: buying long leg of AAPL 96 95.71 pDS put debi

[MMASSASSIN]

Buying Swing: buying long leg of AAPL 96 95.71 pDS put debit spread at .20-.23 with a .05 spread in mind. but if we pull back would like to tern her into a credit if the math made it only 1x oversized risk. So we would like to if there was a pullback strong enough, short the 97 puts at 1.17. Thats only possible with a nice intraday retracement but if it came to pass we would have 1x risk since oversized is set at .05, but .95 cents worth of profit potential so 19x Oversized profit potential. If we go higher then will quickly get stopped out of our 96 long leg at .16 1x loss.
Big smiles on our october call options accumulation ), I believe that AAPL is well placed to continue as we get new iPhone, watch ,iOS , and iPads.

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 !!