Selling Swing: shorting AAPL 290 weekly puts at 2.70-.66 The

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MMASSASSIN
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Selling Swing: shorting AAPL 290 weekly puts at 2.70-.66 The

Post by MMASSASSIN »

Selling Swing: shorting AAPL 290 weekly puts at 2.70-.66 The premium on the AAPL puts continues to build so wish to work the huge premium on a stock that in worst case scenario do not mind holding stock. This is a play that wish to hold overnight. If the premiums keep gaining into the close then dont mind adding a second AAPL 290 oversized puts short before the close and into the earnings. Again the risk is of a big fall that would bring the stock below 290 and we would have to own stock but from 190 dont mind owning stock . A fall bellow 290 i find to be a highly unlikely scenario.
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