Selling Swing: rolling over short on AAPL 330 weekly calls
Posted: Tue Jul 05, 2011 3:46 pm
Selling Swing: rolling over short on AAPL 330 weekly calls at .08 area to AAPL 340 weekly puts at 1.25-.22 area vertical thrugh AAPL 330 weekly puts, same contract amount. as last weeks puts short. So in essence what we are doing is locking in the profits on the AAPL 330 weekly puts at .09 area that we shorted last week at .90 . and shorting same contract amount of the 345 weekly puts at 1.28 . Have not yet cleared the positions on the 330s for wish to exit and enter them bellow .10s.
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 !!
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 !!