Buying Swing: buying AAPL 112 calls .36 area with .05 sprea

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MMASSASSIN
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Buying Swing: buying AAPL 112 calls .36 area with .05 sprea

Post by MMASSASSIN »

Buying Swing: buying AAPL 112 calls .36 area with .05 spread in mind. If you have a 111 112 debit then you may wish to still position a buy at the 112 line with a .05 spread in mind even though it may only cover the existing short position. AAPL may here be breaking the symmetrical triangle. If we are not breaking out and we end up pulling back then would take a 2x loss quickly reversing the play .

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 !!
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