Buying Swing: buying 470 calls at .55-.60 same contract am

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: buying 470 calls at .55-.60 same contract am

Post by MMASSASSIN »

Buying Swing: buying 470 calls at .55-.60 same contract amount as the 475 calls. We are going bullish AAPL at support. This puts us at less than oversized risk since we had a 72 oversized risk in mind originally . Today premiums will disappear so we need the stock to move up fast for this play to work if not we just true away less than oversized.

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 !!