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Selling Swing: sold the 545 calls at 2.50-.20. tock a smal

Posted: Thu Dec 19, 2013 1:22 pm
by MMASSASSIN
Selling Swing: sold the 545 calls at 2.50-.20. tock a small loss on that after locking in 6 times profit on the 550 short body earlier. AAPL seams to have pull back at the end of the week and strength in the beginning of the week. We still hold the 545 puts and will let that ride, but ready to reenter calls if this turns out to be a shake. as I send this AAPL is now at 2.70 so could of exited better.

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 !!