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Buying Swing: this is a late post but in the audio CC we pr

Posted: Fri May 30, 2014 11:01 am
by MMASSASSIN
Buying Swing: this is a late post but in the audio CC we prepared pre open to buy AAPL 645 calls at .33 area at open, same contract amount as the AAPL 630 635 640 cB wings. This means we added 3x oversized bullish exposure to serve as a huge kicker after the upgrade. Now our next move we are considering exiting the AAPL 640 calls to allow 645 kicker if a bearish tern looked likely, or simply lock in the profits not he 645 calls from this open.

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 !!