Buying Swing: buying AAPL 129 calls at .12 same contract am

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MMASSASSIN
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Buying Swing: buying AAPL 129 calls at .12 same contract am

Post by MMASSASSIN »

Buying Swing: buying AAPL 129 calls at .12 same contract amount as the combined 126 and 127 calls position. The reason we do this is because we want to latter put our full butterfly short power at 128 , this would lock in the profits on the 16 and 127 calls longs we held now for a week or 2.

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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