Buying Long Term: buying an AAPL 140 150 160 cCB call calen

(Long Term Positions) Here you find the big Idea stock picks, the holders, why how and when. You could argue the big money is in finding the big idea of tomorrow today before the market resizes it even exists, this is where I believe you can really turn money into wealth.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Buying Long Term: buying an AAPL 140 150 160 cCB call calen

Post by MMASSASSIN »

Buying Long Term: buying an AAPL 140 150 160 cCB call calendar butterfly 2X Oversized. The AAPL 140 is January expire and the 150 and 160 are December Expires. The safe route is to get the short leg right away, but if you feel that a bottom has been reached or your willing to take more long term risk you can enter the AAPL 140 January and 160 December now and get the short 150 December later. Either way this is a butterfly with no credit risk in time and should not cause margin issues. Remember new iPhone and possibly iPad pro plus possible apple tv offering are coming early next month. This strategy puts us to benefit beyond that event.

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 !!