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Selling Long Term: INTO AAPL EARNINGS we will short the 555

Posted: Mon Oct 28, 2013 12:26 pm
by MMASSASSIN
Selling Long Term: INTO AAPL EARNINGS
we will short the 555 this week weekly calls same contract amount as the 545 jan long leg. This creates a Calander spread.
now we will also enter a next week weekly calls 565 cDS- thats 565 long 575 short same contract amount as the Jan position
The first step and doing that now, buying 565 next week calls will get the short before the close.

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 !!