Buying Swing: buying AAPL 100 calls at .75-.80 area same co

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MMASSASSIN
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Buying Swing: buying AAPL 100 calls at .75-.80 area same co

Post by MMASSASSIN »

Buying Swing: buying AAPL 100 calls at .75-.80 area same contract amount as the 102 buy from earlier. We ignored mental stop today on AAPL and this position is with a .08 spread in mind. A bit fall on galaxy note and downgrade this sharp I again take more risk than usual with this position. with everything we have at risk today we have now exposure of 10x on the table since the spread in mind is so small here and the positions we opened earlier. so if the premium fell bellow .60 then would have to take the loss on these.

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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