Buying Swing: bought AAPL 96 calls at .42-.45 same contract
Posted: Thu Jul 31, 2014 12:12 pm
Buying Swing: bought AAPL 96 calls at .42-.45 same contract amount as the 98 calls from earlier today. This puts us in a 96 97 98 cOB call open body butterfly. we pulled the trigger since the pullback target to the 38.2% fib extension has been reached. Thats at 95.42 the 38.2% fib extension. This is a major point so we are going strongly aggressive. Remember the 98 entry was at .18 area 2x oversized meaning every 9 cents is an oversized here.
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 !!
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 !!