Buying Swing: bought long leg of AAPL 99 98 pDS at .45 area

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MMASSASSIN
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Buying Swing: bought long leg of AAPL 99 98 pDS at .45 area

Post by MMASSASSIN »

Buying Swing: bought long leg of AAPL 99 98 pDS at .45 area with .20 spread in mind.
Earlier today we opened up AAPL 100 101 102 cB at .15 area and we will leave this open a little longer, this put position helps work as a hedge. Plus remember the trategy from friday , we are right now at max profits on fridays bearish strategy and this put position protects ud if there was to be a fall here. If we get stuck here we make max profits at 100 since this should be a powerful magnet. If we bounce more then we can focus on the 101 body to gar ante profits, and if we fall we now have a position that can work as a hedge.
fridays AAPL bearish strategy was
101 100 99 pB
101 100 pDS

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 !!