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Buying Swing: on AAPL we today earlier removed the short le

Posted: Tue May 20, 2014 11:18 am
by MMASSASSIN
Buying Swing: on AAPL we today earlier removed the short leg of 600 597.50 pDS at 1.42-1.60. This gave us a bearish hedge again on AAPL. Remember we have both 600 calls long weekly as part of a calendar butterfly long 580 july and double short 600 june. Plus AAPL calls 610 longs as both a kicker and a 610 612.50 cDS. If we wished to take a stronger bullish stance we could easily remove the AAPL call 612.50 short leg at profit or no loss.

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 !!