Selling Long Term: entering short leg of long term Mar 201

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MMASSASSIN
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Selling Long Term: entering short leg of long term Mar 201

Post by MMASSASSIN »

Selling Long Term: entering short leg of long term Mar 2014 155 cDS thats the 160 before the close. This is to protect the long term position we entered when AAPL passed 126 on friday but now that were back bellow 125 we wish to enter the short leg with intention of exetig it if we were to see the pullback to 115. This may very well just be a shake but because of the size of the long term position we wish to place the play on ice for now, unfortunately at a loss and unfortunately from a point of weakness.

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 !!
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