Buying Swing: turning AAPL 630 635 cDS to a 630 635 640 cO2

[MMASSASSIN]

Buying Swing: turning AAPL 630 635 cDS to a 630 635 640 cO2B by buying AAPL 640 calls at .40 area same contract amount as the 630. This leaves us with a half open body butterfly. When we entered AAPL the 630 635 debit spread on friday it was .10 spread. Plus we legged into it making the play free with guaranteed profits in the bag. If we got max profit on this play we would be looking at 6000% of oversized return, yep a full 60X oversized profit. We wish to protect existing profits yet give avenue for increasing them bend that. Also our AAPL 520 535 call debit spread from friday is fully in the money. We should make about 10x oversized on that play alone, yet we wish to lock this one in at 4.75 area just to have a good chunk of profits in the bag. Big smiles on our aggressive AAPL strategy last week into this week as we approach there World Wide Developer Conference ).

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 !!