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Buying Swing: Buying long leg of AAPL 128 calls at .41-.47

Posted: Wed May 13, 2015 10:21 am
by MMASSASSIN
Buying Swing: Buying long leg of AAPL 128 calls at .41-.47 same contract amount as the 130 butterfly wings, since if we don't break resistance we can move all or part of the 130 short body down to the 129 line any time. Mental stop to do so would be .12 below entry.

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 !!