Selling Swing: AGGRESSIVE STRATEGY only 2 trades today so f
Posted: Thu Mar 14, 2013 12:23 pm
Selling Swing: AGGRESSIVE STRATEGY
only 2 trades today so far both bullish
trade 1
creating 435 pCS- by shorting 435 puts at 4.90
trade 2
turning 430 cB into cOB by covering the whole short leg at 4.90 yes both clears on different options 4.90-5.05
We have a trend line that has held true for every day exept one since we fell from 700s. today we are here breaking above that descending trend line but cation it could turn out to only be a wick on the daily chart. But with the markets passing all time highs am choosing to think that AAPL should have a PE above 10 and if it ever was to break its descending direction it would be on a market breaking out as it is today.
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 !!
only 2 trades today so far both bullish
trade 1
creating 435 pCS- by shorting 435 puts at 4.90
trade 2
turning 430 cB into cOB by covering the whole short leg at 4.90 yes both clears on different options 4.90-5.05
We have a trend line that has held true for every day exept one since we fell from 700s. today we are here breaking above that descending trend line but cation it could turn out to only be a wick on the daily chart. But with the markets passing all time highs am choosing to think that AAPL should have a PE above 10 and if it ever was to break its descending direction it would be on a market breaking out as it is today.
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 !!