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Selling Swing: shorting AAPL june 320 puts at 73-.74 and .5

Posted: Fri Jun 17, 2011 10:20 am
by MMASSASSIN
Selling Swing: shorting AAPL june 320 puts at 73-.74 and .56 same contract amount as we had 315 calls shorts am covering the AAPL june 315 4x oversized position at .13 area from .70 big smiles. so now we have a new 4x oversized short on the 320 june calls for almost free.

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 !!