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Buying Swing: buying AAPL 109 puts at .50-.55 same contract

Posted: Wed Jan 21, 2015 10:57 am
by MMASSASSIN
Buying Swing: buying AAPL 109 puts at .50-.55 same contract amount as the 107 puts short turning credit risk into a debit spread. This will be roughly .05 spread in mind. this turns a credit risk into a debit 109 107 cDS.
If we move down to .40 then we would consider rolling up the short from 107 to 108.
We still hold strong bullish positioning from friday.

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 !!