Selling Swing: shorting AAPL 96 puts at .50-.44 same contra

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MMASSASSIN
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Selling Swing: shorting AAPL 96 puts at .50-.44 same contra

Post by MMASSASSIN »

Selling Swing: shorting AAPL 96 puts at .50-.44 same contract amount as the 97 puts from yesterday to make that side of the strangle into a free debit spread. we entered the 97 AAPL puts long at .20 area and every .07 gain on her so so far were up 12X oversized, 1 thousand 200 % of an oversized profit . Now we have losses on the calls side but this more than pays for all of that. Max profit on this is now 18.57X oversized if we fell below 95.50

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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