Selling Swing: creating AAPL 114 115 116 cB call butterfly
Posted: Wed Dec 10, 2014 10:47 am
Selling Swing: creating AAPL 114 115 116 cB call butterfly by double shorting the 115 calls at .37 area. Earlier we exited the half body at .65-.70 so this pull back has cost us sme of yesterdays profits. But wish to be on the safe side and close up the butterflies for now. Also mental stop on this butterfly body at .48 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 !!
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 !!