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Buying Swing: buying long leg of 600 597.50 pDS at 2.15 ar

Posted: Mon May 19, 2014 1:06 pm
by MMASSASSIN
Buying Swing: buying long leg of 600 597.50 pDS at 2.15 area with a .65 spread in mind. This intraday bearish AAPL puts 600 play is placed at a fib extension and if there was to be a pullback strong enough, the next step would be to look for a credit truth 605 puts if the math allowed a low risk credit.

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 !!