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Selling Swing: shorting AAPL 320 weekly puts at 1.65 area v

Posted: Tue Jun 21, 2011 1:42 pm
by MMASSASSIN
Selling Swing: shorting AAPL 320 weekly puts at 1.65 area vertical trough AAPL 315 weekly puts at .78 area. AAPL has seen nothing but strength today and now she is at the day highs and may push higher as she has reached well oversold levels to say the least. I would like to see a pull back here at the close even though that would hurt this entry on short puts simply since still would like to enter a long calls stake overnight.

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 !!