Buying Long Term: buying January AAPL 140 calls same same c
Posted: Thu Nov 20, 2014 1:45 pm
Buying Long Term: buying January AAPL 140 calls same same contract amount as the 120 calls, then we will double short December 125 calls.
This creates a
calendar 120 125 140
Longs 120 140 January , short 125 December
Today we start protecting our long term January position since we have reached initial targets . We are still bullish and will add more long but here we must protect what has been great profits.
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 creates a
calendar 120 125 140
Longs 120 140 January , short 125 December
Today we start protecting our long term January position since we have reached initial targets . We are still bullish and will add more long but here we must protect what has been great profits.
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 !!