Selling Swing: AGGRESSIVE STRATEGY entering short leg of th
Posted: Tue Jan 15, 2013 12:07 pm
Selling Swing: AGGRESSIVE STRATEGY
entering short leg of the 480 pCS at 5.10-5.00 . AAPL reached perfectly the level we were looking for of 585.50 so we have profits on the long leg and now turn this into a bullish play with a much more limited risk peramitors. We are watching on the calls side 500 calls for a possible cCS to enter into an iron condor 2x oversized to protect the profits, and with intention of turning into a butterfly into the close. also looking to buy same contract amount of the 570 puts if has a further flush.
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 !!
entering short leg of the 480 pCS at 5.10-5.00 . AAPL reached perfectly the level we were looking for of 585.50 so we have profits on the long leg and now turn this into a bullish play with a much more limited risk peramitors. We are watching on the calls side 500 calls for a possible cCS to enter into an iron condor 2x oversized to protect the profits, and with intention of turning into a butterfly into the close. also looking to buy same contract amount of the 570 puts if has a further flush.
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 !!