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Buying Swing: bought long legs of AAPL 108 109 110 cB call

Posted: Thu Jan 15, 2015 2:41 pm
by MMASSASSIN
Buying Swing: bought long legs of AAPL 108 109 110 cB call butterfly at .60 and .15 areas with a .10 spread in mind but 2x so that makes ever 5 cents an oversized. This again helps hedge the big 111 and 108 puts profits from friday. We will enter the 109 double short before the close. As I send this it seams the play will most likely be free ).

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 !!