Selling Swing: AGGRESSIVE STRATEGY entering short leg of 5
Posted: Tue Jan 15, 2013 2:04 pm
Selling Swing: AGGRESSIVE STRATEGY
entering short leg of 500 cCS at 2.90 area. and also buying 585 puts at 6.20 to create a 480 pO2B with this long leg same contract amount as the 480 pCS with intent to double short leg closing up the body before the close. Were doing this due to the market pullback here, but ready to take a loss on both of these plays if the market pullback dose not continue and affect AAPL bearishly.
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 500 cCS at 2.90 area. and also buying 585 puts at 6.20 to create a 480 pO2B with this long leg same contract amount as the 480 pCS with intent to double short leg closing up the body before the close. Were doing this due to the market pullback here, but ready to take a loss on both of these plays if the market pullback dose not continue and affect AAPL bearishly.
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 !!