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Buying Swing: buying 460 weekly calls at .18-.20 OVERSIZED

Posted: Wed Jan 25, 2012 1:44 pm
by MMASSASSIN
Buying Swing: buying 460 weekly calls at .18-.20 OVERSIZED so am now 3x oversized and am creating debit spread 445 puts at 2.20-2.00 OVERSIZED trough 435 weekly puts at .24. I am now as bullish as one can be in a single day intraday on AAPL with very high risk calls on the table but fully offsetting against theta with puts shorts so sideways action would not hurt me.

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 !!