Selling Swing: shorting 415 weekly calls at .59-.55 same c
Posted: Mon Jul 25, 2011 1:17 pm
Selling Swing: shorting 415 weekly calls at .59-.55 same contract about as the long on AAPL 410 weekly calls to create a debit spread. Im doing this since we are having difficulty passing 400 and this short will work as a hedge against theta. But if we see renewed strength and AAPL passes 400 then the next step will be to add another oversized stake the 410 weekly calls plus am considering on a 400 pass here adding to the short on AAPL 390 puts weeklies.
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 !!