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Buying Swing: buying AAPL 340 weekly calls 3X OVERSIZED at

Posted: Thu Jun 30, 2011 12:55 pm
by MMASSASSIN
Buying Swing: buying AAPL 340 weekly calls 3X OVERSIZED at .115 and .18 and .19 3X OVERSIZED with intent of selling at .25-.35 areas. This is a very very large position but it is only meant to be a day trade using these low levels. If there is a tremendous amount of strength then might hold 1/2 of this position passes .30s but for now mentally thinking of it as a day trade

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 !!