Buying Swing: buying long leg of 535 537.50 cDS at .52 ave

[MMASSASSIN]

Buying Swing: buying long leg of 535 537.50 cDS at .52 average with .30 spread in mind. Since we were able to get such a cheaper entry on the call we made the position a little bigger brining down the spread in mind from .35 to .30 . This means that mental stop now is at .22.
Today we had very good market news with unemployment data, and if good news is bad news then market will go down. But after the fed said they will no longer consider employment as a slow down of quantitative measures, we may see after rookie hour a move up strongly since, this is great news. We are buying AAPL here pre emotively for incase the market surprises us with goog is good type movement. AAPL hand had a close above 530, if this morning turns out to be a wick, meaning we end rookie hour above 530, then AAPL should be beginning a new swing. This is a bet for incase good market news is now seen as good news again and AAPL is well set to break her period of weakness. Remember we have positions including a 185 187 188 cB so pul back to that magnet would increase profits.

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 !!