Buying Swing: We bought AAPL 128 puts at .43 area same cont

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:
Contact MMASSASSIN

Buying Swing: We bought AAPL 128 puts at .43 area same cont

Post by MMASSASSIN »

Buying Swing: We bought AAPL 128 puts at .43 area same contract amount as the old 130 calls butterfly long legs from Friday to help protect our bullish profits on the 127 128 call butterfly from yesterday that is now at max profit territory . We will have a tight stop 1x oversized on the 128 puts and we're ready to buy back the 129 calls butterfly leg so .12 from entry if there is any continuation strength on AAPL

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 !!
Top

Return to “Swing for the Fences”