Buying Swing: buying AAPL 110 calls with .05 spread in mind

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Swing: buying AAPL 110 calls with .05 spread in mind

Post by MMASSASSIN »

Buying Swing: buying AAPL 110 calls with .05 spread in mind, with intention of replacing that amount from the 112 calls leg before the close. This way we hedge from losing profits on the 111 puts from friday. mental stop 2x oversized.

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 !!