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Selling Swing: at the close on AAPL we will again sell butt

Posted: Tue Sep 15, 2015 3:33 pm
by MMASSASSIN
Selling Swing: at the close on AAPL we will again sell butterfly body but this time focus on the 117 calls as a original body equivalent. This means we hold the 116 exposure on top of the 114 exposure dating back 2 weeks now. We will also hedge our bets by buying
AAPL 116 115 114 pB put butterfly same contract amount as the original 116 cB.

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 !!