Buying Swing: AGRESSIVE STRATEGY adding 510 puts at 5.89-3
Posted: Mon Jan 07, 2013 2:04 pm
Buying Swing: AGRESSIVE STRATEGY
adding 510 puts at 5.89-3.10 to create a 505 pO2B with intention of doubling the short leg before or at the close. also watching 540 calls that we may enter for a DS if we break this declining triangle bullishly. So we continue to be intraday AAPL bearish with this open body butterfly, but how we leave the triangle that has been forming the last 2 and a half hours will determine how we position from here
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 !!
adding 510 puts at 5.89-3.10 to create a 505 pO2B with intention of doubling the short leg before or at the close. also watching 540 calls that we may enter for a DS if we break this declining triangle bullishly. So we continue to be intraday AAPL bearish with this open body butterfly, but how we leave the triangle that has been forming the last 2 and a half hours will determine how we position from here
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 !!