Buying Swing: buying AAPL 99 puts at .23-.25 same contract

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: buying AAPL 99 puts at .23-.25 same contract

Post by MMASSASSIN »

Buying Swing: buying AAPL 99 puts at .23-.25 same contract amount as the 99 calls to work as a hedge on p our AAPL 99 100 101 cOB. we have not yet closed the body even though we were at one time up 1100% but we believe there may be intraday continuation up into the close. This aggressive puts position is also an oversized of .04-.05 in mind so we wish to get stopped out at 2x oversized if we continue higher.

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 !!
Top

Return to “Swing for the Fences”