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Selling Swing: shorting AAPL 405 weekly calls at 2.90 area

Posted: Tue Jul 26, 2011 3:34 pm
by MMASSASSIN
Selling Swing: shorting AAPL 405 weekly calls at 2.90 area to make the short we already had of 415 and 405s now same contract amount as the long on 410 calls. Shorting AAPL 395 weekly calls at 1.03 by rolling down the short of AAPL 340 weekly put covering them at 2.05 from 2.99 and shorting now the 395 same contract amount. this puts us in an Iorn Condor

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 !!