Selling Swing: shorting AAPL 330 weekly puts at 1.39 area v

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MMASSASSIN
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Selling Swing: shorting AAPL 330 weekly puts at 1.39 area v

Post by MMASSASSIN »

Selling Swing: shorting AAPL 330 weekly puts at 1.39 area vertical trough AAPL 320 weekly puts at .25 area. and adding back AAPL 335 weekly calls at 2.95 area same contract amount that we sold earlier today at 4.45. Earlier we locked in great profits on the long positions on AAPL and am now reentering the less risky 335 calls on AAPL while adding a new 330 puts short to hedge against sideways action . By the way big smiles on the YOKU entries from 28.00 now already 36.40 on very big movie distribution news. On AAPL we should see strength into the close but f we don't then may have to retying the positioning.

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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