Selling Swing: AAPL at open we went long 103 calls at .06 a

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MMASSASSIN
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Selling Swing: AAPL at open we went long 103 calls at .06 a

Post by MMASSASSIN »

Selling Swing: AAPL at open we went long 103 calls at .06 area from short entry at .12 yesterday. now we want it to have the same contract amount as the 102 that we here are
selling those 102 AAPL at .22-.20.
What we want to have the flexibility of later entering 101 calls if we pull back to 100.35 area, with intention of double shorting the 102 calls before the close.
In essence since this is such a low price options were giving up a lot on commissions ,but then again we were able to get 50x gain last week on AAPL so were continuing to see pullbacks as bullish ops.

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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