Selling Swing: shorting AAPL 400 weekly puts at 2.50-.45 ro
Posted: Wed Jul 27, 2011 10:43 am
Selling Swing: shorting AAPL 400 weekly puts at 2.50-.45 rolling down AAPL 405 weekly puts by covering them at .90 area from 2.90 yesterday . So we collect profits on the 405 calls short that was very big stake and making the position even larger as we lock in profits. This also hedges and buys time on the short on AAPL 395 weekly puts that we are still short and at a loss but the loss is fully covered by the calls shorts at this time.
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 !!