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Buying Swing: we turned AAPL 99 100 101 cB into a cOB by re

Posted: Mon Aug 18, 2014 9:58 am
by MMASSASSIN
Buying Swing: we turned AAPL 99 100 101 cB into a cOB by removing the short leg a little better than flatfish at .22-.25 area. The butterfly we entered into friday we wish to have stronger bullish exposure if the math allowed us to exit the body flatfish this morning. We wish to see that elusive 100 level reached this week. We will renter the body before the close and we have the 101 calls kicker onto of the butterfly to work as a continuation play.

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 !!