Buying Swing: buying AAPL 132 133 134 cB call butterfly at .06 area and entering the 131 call body for Fridays exposed 130 131 132 COB call open body butterfly. So we are locking in call profits and buying another new butterfly all legs to have for in case we get strait continuation. We have also entered all legs of a 129 128 126 pB= put butterfly same contract amount as the 130 call leg
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 !!
Buying Swing: buying AAPL 132 133 134 cB call butterfly at
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