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Selling Swing: created AAPL 99 100 101 pB by double shortin

Posted: Thu Oct 09, 2014 2:51 pm
by MMASSASSIN
Selling Swing: created AAPL 99 100 101 pB by double shorting the 100 calls at .34-.22 with .25 average. this locks in some profits on the puts side and allows us additional profit potential if we end closer to 100 tomorrow. We wanted .50 for the AAPL 100 shorts, but we never saw a pullback t the 100.35 support area.

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 !!