Buying Swing: AGGRESSIVE STRATEGY we now reentered the 510
Posted: Fri Dec 14, 2012 2:23 pm
Buying Swing: AGGRESSIVE STRATEGY
we now reentered the 510 puts at 2.80-.90 twice the contract amount since AAPL was unable to build back to 514. This allows us to profit big on a fall and since its twice the contract amount if we feel that we will may bounce the nedt step would be to lock in the huge profits we have on the 530 leg. Ofrcorse the 530 leg is mitigated fully by the 525 short at the moment.
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 !!
we now reentered the 510 puts at 2.80-.90 twice the contract amount since AAPL was unable to build back to 514. This allows us to profit big on a fall and since its twice the contract amount if we feel that we will may bounce the nedt step would be to lock in the huge profits we have on the 530 leg. Ofrcorse the 530 leg is mitigated fully by the 525 short at the moment.
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 !!