Selling Swing: double shorting the AAPL 111 calls at 1.25.
Posted: Thu Jan 08, 2015 1:15 pm
Selling Swing: double shorting the AAPL 111 calls at 1.25. This locks up a great deal of profits and puts us in a 106 111 112 cB call butterfly. If there was to be more weakness we could roll down the body step by step all the way down to 109 . So this is the first time we do bearish protection on AAPL since going so aggressively bullish when she went below 105.
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 !!