Buying Swing: buying AAPL 345 weekly weekly puts at 1.20 ar
Posted: Mon Jul 11, 2011 11:06 am
Buying Swing: buying AAPL 345 weekly weekly puts at 1.20 area 2x oversized taking a bearish stance on AAPL here now that the market has the dow down 174 points down. We are considering shorting NFLX 300 or 305 weekly calls on NFLX to tern that position into a bearish play vertical same contract amount but am choosing to first focus on AAPL 2x oversized to help hedge the bullish NFLX play as we wait for directional clarity on NFLX.
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 !!