Page 1 of 1

Selling Swing: rolling over by covering short on AAPL 325 w

Posted: Wed Jun 29, 2011 2:13 pm
by MMASSASSIN
Selling Swing: rolling over by covering short on AAPL 325 weekly calls at .35 from 1.45 and then shorting AAPL 330 weekly puts at 1.20 area same contract amount that we were short the 325 puts. After I did this AAPL fell strongly hurting the position further. This pul back is hitting the 340 weekly calls hard have not yet exited them neither have we exited the 335 weekly calls.

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 !!