Buying Swing: buying AAPL 117 puts at .83 area same contrac
Posted: Mon Aug 10, 2015 10:24 am
Buying Swing: buying AAPL 117 puts at .83 area same contract amount as the 116 leg. The intention will be to remove the 116 leg before the close and mention butterfly body at 115. Those who followed strategy would be intact body already, I did not so if we go higher would exit 116 and short body there creating credit risk butterfly to make back some losses.
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 !!
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 !!