Selling Swing: selling AAPL stock at 342.80 from allowing t

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MMASSASSIN
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Selling Swing: selling AAPL stock at 342.80 from allowing t

Post by MMASSASSIN »

Selling Swing: selling AAPL stock at 342.80 from allowing the AAPL 325 options to tern into stocks a few weeks ago. We finally passed 340s and this amounts to another 7x oversized option oversized equivalent further bringing up the weeks profits, all on AAPL. We had allowed 325 options to exercise since did not want to take a loss on the short puts that week since this is such a desirable place to own AAPL and the pul backs seamed so very excessive. Worked out well and it feels good not to have such a enormous stock stake on the books.

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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