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Buying Swing: buying AAPL 93.57 puts at .10-.12 2x oversize

Posted: Fri Jul 18, 2014 11:10 am
by MMASSASSIN
Buying Swing: buying AAPL 93.57 puts at .10-.12 2x oversized as a hedge on the 93.57 calls from yesterday that we bought 3x oversized. This position is a higher contract amount since lower clears where every 5 cent move would be an oversized gain. On the calls side every 10 cent gain above .31 is an overused gain.

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 !!