Buying Swing: due to premium decay , were going to exit the

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MMASSASSIN
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Buying Swing: due to premium decay , were going to exit the

Post by MMASSASSIN »

Buying Swing: due to premium decay , were going to exit the AAPL 100 calls and turn it into a short leg same contract amount as the 99 and 103 calls together. This puts a credit risk butterfly with a debit spread , all short positions at 100. There is not enough premium on the 101 calls at the close to make it worth focusing the shorts there.

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 !!
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