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Buying Swing: AAPL next week bearish strategy This is a con

Posted: Fri Jan 02, 2015 1:29 pm
by MMASSASSIN
Buying Swing: AAPL next week bearish strategy
This is a continuation of this week and the week before. We are overpaying for premium due to volatility but this new calendar butterfly finances just about all of it. Im posting this early due to the complexity .
And by the way huge smiles on the bearish positions from last friday, this final 109 butterfly on puts we got on friday was the icing on the cake. The 114 puts the meat of the Holliday dinner )

AAPL next week bearish strategy
104 puts same contract amount as 111 existing short.
107 105 103 pB with 5 cent spread in mind
yes this one will be big but it has to be to continue the strategy.
103 100 98 pB also .05 spread in mind
107 103 99 pCB with 5 cent spread in mind
long legs next week double short the monthly that is the week after

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 !!