Selling Swing: shorted AAPL 109 puts at 1.23-1.20 same cont
Posted: Mon Nov 03, 2014 3:45 pm
Selling Swing: shorted AAPL 109 puts at 1.23-1.20 same contract amount as the 108 puts we bought earlier at .47 area. This creates a 109 108 pCS put credit spread where our max loss stands at a little more than 1x loss potential but a nice 5x profit potential if we stay above 109 into friday.
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 !!
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 !!