Buying Swing: buying AAPL 105 calls strait long at .06 1x oversized. This will work as a kicker for out 103 104 105 butterfly, and if we get a move up thats strong enough to give 1.00 value to the 104 calls then would add to the short to have a low risk credit into the end of the week. We are very bullish AAPL and see no resistance till 104. Above that 114 would be the next level, so clear skys.
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 !!
Buying Swing: buying AAPL 105 calls strait long at .06 1x o
- MMASSASSIN
- Trading for living
- Posts: 5599
- Joined: Thu Jan 29, 2009 1:30 am
- Contact: