Selling Swing: turning AAPL 105 calls strait long into a 10

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Selling Swing: turning AAPL 105 calls strait long into a 10

Post by MMASSASSIN »

Selling Swing: turning AAPL 105 calls strait long into a 105 111 116 cB by buying 116 calls same contract amount as out 105 calls from last week and double shorting the 111 calls. Big smiles on going bullish AAPL into this week during the AAPL drop on Friday. In a world were instagram is king they say the biggest improvement in cell phone camera photography as not a big deal. It was obvious that after 2 years the iphone 6 users and that was a huge amount of users like myself, would upgrade to iphone 7. The improved camera for those of us why enjoy photography , to say you can bring in high end DSLR type features to your pocket, is a huge deal. Bottom line, this is the perfect apple product and will break iphone sales records.

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 !!