Selling Long Term: shorted AAPL 550 calls at 6.20-5.20 to c

(Long Term Positions) Here you find the big Idea stock picks, the holders, why how and when. You could argue the big money is in finding the big idea of tomorrow today before the market resizes it even exists, this is where I believe you can really turn money into wealth.
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MMASSASSIN
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Selling Long Term: shorted AAPL 550 calls at 6.20-5.20 to c

Post by MMASSASSIN »

Selling Long Term: shorted AAPL 550 calls at 6.20-5.20 to create 550 cB we had half the body getting the rest now to close this butterfly up till we get clarity. Earlier today we bought the 555 calls at 3.00 area. this more or less zips up the long term play on that expires this week, and to say we gave up an enormous amount of profits on our 545 calls is the hight of an understatement. We had opportunities to but this play on ice at 572 even though we did make it free with calls shorts against it into earnings that made this long ago a guaranteed profit play. But we gave up a good 70X oversized profits, yea at one point we had more than 7 thousand % gain on this strategy calls . For this week we still have 160 calls if the rally was to continue

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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