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Buying Swing: buying AAPL 111 calls at .45-.50 4X Oversized

Posted: Fri Aug 21, 2015 9:28 am
by MMASSASSIN
Buying Swing: buying AAPL 111 calls at .45-.50 4X Oversized today expire. We opened right at the long term 110.38 area the 61.8% fib extension and I could not give up an opportunity this uniq on a Friday. Told the char too it feels like Xmas, what a awesome gift for a opening Friday . Now we have a 2x oversized mental stop so at .25 would exit the play right away.

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 !!