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Selling Swing: shorting AAPL 350 weekly puts at 1.75 and 1.

Posted: Tue Jul 12, 2011 12:20 pm
by MMASSASSIN
Selling Swing: shorting AAPL 350 weekly puts at 1.75 and 1.68 vertical trough AAPL 340 weekly puts at .40 area OVERSIZED the spread. Now am short on both the 345 and 350 weekly puts so as to help hedge against sideways action on the long 360 weekly calls.

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 !!