Traders Playground

Selling Swing: we made 35.5X OVERSIZED PROFITS this week on apple alone. selling rest of AAPL 340 weekly calls at 1.20-.18 area 700% profit and AAPL 335 weekly calls at 5.70 area from 2.00 so 185% profit on lowest entry about 150% on 335 all together. Now we have a larger overall profit picture on AAPL with this add of 14 x oversized profits plus we will almost certainly make another 3.5X oversized profit on 100% gain from the 335 weekly puts expiring today brings up the overall profits on this strategy for the week to a whopping 35.5X OVERSIZED PROFITS . this doesn't happen every week and if I seam a bit excited its because this is a unique end of week but shows how a directional bias strategy where you take risk on long positions backed by opposite shorts on opposite contracts where U in essence hedge against sideways action brings about in great profits without too much risk due to hedges. and additional profits in ideal scenarios of unlimited magnitude. Again this was a unique week but one that demonstrates directional targeted options on weekly strategies. BIG SMILES )

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 !!