Buying Day Trade: buying AAPL 395 weekly calls at .22-.25 O
Posted: Fri Jul 22, 2011 10:42 am
Buying Day Trade: buying AAPL 395 weekly calls at .22-.25 OVERSIZED and covered short at small loss AAPL 390 weekly calls at 1.80 area fully offset by our short on 380 puts and now the new 390 puts. Have now a very bullish stance into the close on AAPL with al the shorts on puts more than working as a hedge against sideways action but no hedge against pull back . Am under the belief that AAPL will other hold the 390 magnet or one above it into expiration .
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 !!