Selling Swing: shorting 390 Dec calls at 2.30-.20 credit s
Posted: Tue Dec 13, 2011 11:05 am
Selling Swing: shorting 390 Dec calls at 2.30-.20 credit spread trough 385 Dec calls at .80-.85 area oversized the spread. am using this market pull back after the fall in Euro as a shorting opportunity on puts here . AAPL has held up well during bad market days thats why Im focusing on it as a short on puts opportunity. I don't think that AAPL will lose its footing this close to Xmas so am willing to make contrarian plays despite the Euro us markets correlation. Have to be careful because Euro markets are falling like a rock.
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 !!