Buying Swing: buying long leg of AAPL 108 107 pDS put debit

[MMASSASSIN]

Buying Swing: buying long leg of AAPL 108 107 pDS put debit spread at .46-.49 with a .19 spread in mind. Now we have nothing but bullish positions for this week from friday , so this position works as a bearish hedge now that we reached the 61.8% fib extension. If we were to fall enough .and the math aligned for a low risk 109 credit spread then we would go that route. That means we would need to see the 109 puts gain to 1.28 we would short them the same contract amount as the 108 puts. That would leave us with 1x oversized risk and 5.7X oversized profit potential.

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 !!