Buying Swing: buying long leg of AAPL 93.57 93.21 pDS at .4

[MMASSASSIN]

Buying Swing: buying long leg of AAPL 93.57 93.21 pDS at .40 area with .10 spread in mind. Strategy will be the same as we had yesterday on puts, where we were only a few cents away from being able to transform that into a low risk credit that would of brought us 8x oversized profit. So yesterdays puts position alone would of paid for all the AAPL bearish bets plus the TSLA calls bets. This time around were watching AAPL 94.29 puts and if they get to 1.06 we can short them with only 1x risk of loss and 9x profit potential. If we were to see a full gap cover we may be able to do better than that. If there was to be bullish continuation we could chose to make this into a butterfly by using the existing lower butterfly from yesterday short leg of 92.50 and moving it up to 93.57. Now that AAPL is cheaper and options amounts greater, things like this save us on commissions.

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 !!