Selling Swing: shorting AAPL 375 Nov puts at 3.60-.45 credi
Posted: Mon Nov 14, 2011 3:39 pm
Selling Swing: shorting AAPL 375 Nov puts at 3.60-.45 credit spread trough 370 Nov puts at 2.00 area oversized the spread. This is a single oversized position that helps hedge against sideways action as long as 278 gap cover fill dating back t july is held. Have 2x exposure bullishly and am in the red on both 390 and 400 calls this helps hedge only against sideways action half of it.
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 !!