Buying Swing: buying long leg of 490 pDS at 1.50 with a .8
Posted: Wed Aug 14, 2013 12:14 pm
Buying Swing: buying long leg of 490 pDS at 1.50 with a .80 spread in mind. We want to see if 500 becomes strong resistance so are legging into a future debit spread but if we lose 80 from here we would get stopped out at 1x loss. Since we have max profit on AAPL bullish strategy we began last week at 30-40X oversized profits , were trying to now see where short term top may be. As I send this we are moving even higher. By the way our long term strategy on calls 580s expiring next year that we entered into when was bellow 400s is now panning out nicely with over 14 X oversized pure profit ). and add to the huge 4 thousand % return we have seen this week on the aapl calls strategies when we went bullish on friday, there is no need to try to get more profits bullishly any longer.
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 !!
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 !!