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Buying Swing: AAPL is closing this week with what looks as

Posted: Fri Feb 27, 2015 3:21 pm
by MMASSASSIN
Buying Swing: AAPL is closing this week with what looks as a weekly doji but above the 100% fib extension. Because of this we must play both sides.
We want to protect our long term profits so today we lock in a good chunk of that . So we are exiting the AAPL April 130 calls and doubling the contract amount long 135 calls.
AAPL next week bullish strategy
133 135 137 cB
134 135 cDS
136 138 140 cB

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 !!