Selling Swing: turned AAPL 635 640 645 cO2B into cB by reentering the body short at 8.60 area.
thats 24X oversized profits were locking in ) on the full butterfly.
turned AAPL 650 655 660 cOB into cB by reentering the short body at 1.50 area.
thats 4x Profit were locking in 3x guaranteed.
turned AAPL 650 655 cDS into 645 650 cCS by shorting 645 calls at 5.30 area.
Now in reality on the 655 side we added short just enough to be a perfect butterfly , but here were locking in profits on the long leg of the 635 640 645 butterfly where in essence the wing is replaced with 650
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 !!
Selling Swing: turned AAPL 635 640 645 cO2B into cB by reen
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