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Selling Swing: selling AAP 100 calls and 101 calls at .55 a

Posted: Wed Oct 01, 2014 1:38 pm
by MMASSASSIN
Selling Swing: selling AAP 100 calls and 101 calls at .55 and .25 areas respectfully . Taking a strong loss on those but will keep the 102 long since it has lost so much. Will be ready to renter a long leg but now were bellow the .60 entry so 10 cents below the mental stop point for 101 calls.

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 !!