Buying Swing: buying AAPL 101 puts at .15-.17 and 103 calls

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MMASSASSIN
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Buying Swing: buying AAPL 101 puts at .15-.17 and 103 calls

Post by MMASSASSIN »

Buying Swing: buying AAPL 101 puts at .15-.17 and 103 calls at .20-.22 same contract amount of our 99 101 102 cO2B wings. For the call side this means we still have a open body butterfly that we can now exit and short the 102 leg at any time. On the puts side this gives us fairly cheap protection on very big profits.

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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