Buying Swing: buying 530 calls at .70-.77 same contract am

[MMASSASSIN]

Buying Swing: buying 530 calls at .70-.77 same contract amount as the 535 calls for earlier, we will keep the 540 since its so cheap its a kicker. Now we wish to double short the 532.50 at the close. Anyway we reached the stop out point on but since our bearish bets else ware, still need bullish hedge we are moving this one down to a lower point. That gives us additional credit risk if there was a big run but, with the other butterflies we have higher, we have bluish enough positions . We see the likelihood of 535 diminished on AAPL. We are also considering legging into a final position and thats 185 cDS as an additional bullish hedge. remember we entered the 185 184 184 pB friday at .09 so we have 10X profit potential.

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 !!