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Buying Swing: this morning we woke up a strong market fall.

Posted: Thu Jul 31, 2014 9:55 am
by MMASSASSIN
Buying Swing: this morning we woke up a strong market fall. On AAPL we have a strangle and now the 97 puts are up strongly, rather than lock it in, were looking to protect since SPY fell to trend line .
on AAPL we bought a AAPL 98 puts 2x oversized at .17-.19.
on SPY we bought long leg of 196 196.50 cDS at .50 with .20 spread in mind.

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 !!