Buying Swing: buying AAPL 390 weekly puts at .60 area same
Posted: Fri Jul 29, 2011 12:22 pm
Buying Swing: buying AAPL 390 weekly puts at .60 area same contract amount as the short on 385 puts, and covering the short on NFLX 265 puts at 2.50 area then going long same contract amount. On AAPL we will now have turned the short 390 puts long and the older 385 puts short together into a debit spread as I take a bearish stance. And with NFLX am also taking a stronger bearish stance as multiday negatives are on the verge.
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 !!