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Selling Swing: selling 121 weekly calls at 1.06 area, lock

Posted: Tue Nov 29, 2011 1:09 pm
by MMASSASSIN
Selling Swing: selling 121 weekly calls at 1.06 area, locked in some small profits , frustrating day . multi day direction still positive but for now have a significant negative on my formulas so exiting for now the SPY stake. Am getting hit hard on AAPL again so am looking to renter the long on AAPL 370 puts for the credit spread at 3.85-.90 area worse than entry.

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 !!