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Buying Swing: AAPL next week bullish strategy buying AAPL 1

Posted: Fri Aug 26, 2016 1:52 pm
by MMASSASSIN
Buying Swing: AAPL next week bullish strategy
buying AAPL 109 calls 4x oversized at .20-.23 area and 211 calls same contract amount.
AAPL consolidated this week and the week before the AAPL iPhone event we often see a move up. So wish to have a open body butterfly waiting to capture premium on any bullish momentum.

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 !!