Buying Swing: AAPL earnings strategy /b creating AAPL 125 1
Posted: Tue Jan 31, 2017 11:54 am
Buying Swing: AAPL earnings strategy
/b creating AAPL 125 127 128 cOB call open body butterfly with 125 calls at .60 15 oversized strait long and 128 at .07 same contract amount. This will create an of balanced butterfly with a debit biest .
buying AAPL 129 calls 1x oversized strait long
We want to remove the risk on AAPL at the close by entering the short butterfly body hopefully free if there is a spike into the close making this very large exposure only an intraday thing. The stronger the close the less risk we have, the weaker the close the less risk we have into earnings
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 !!
/b creating AAPL 125 127 128 cOB call open body butterfly with 125 calls at .60 15 oversized strait long and 128 at .07 same contract amount. This will create an of balanced butterfly with a debit biest .
buying AAPL 129 calls 1x oversized strait long
We want to remove the risk on AAPL at the close by entering the short butterfly body hopefully free if there is a spike into the close making this very large exposure only an intraday thing. The stronger the close the less risk we have, the weaker the close the less risk we have into earnings
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 !!