Selling Swing: adding short AAPL 330 weekly puts at .94 cent

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
User avatar
MMASSASSIN
Trading for living
Posts: 5599
Joined: Thu Jan 29, 2009 1:30 am
Contact:

Selling Swing: adding short AAPL 330 weekly puts at .94 cent

Post by MMASSASSIN »

Selling Swing: adding short AAPL 330 weekly puts at .94 cent area vertical trough 325 weekly puts at .16 area OVERSIZED the spread bringing up the stake now to 4x OVERSIZED. This 330 weekly puts position is a hedge on todays long on 335 calls again brings up the risk in case of a fall but still we can make this into a straddle if need be. The 330 level has been support since march and find it to be a level that shuld not be lost and why I have such a large stake on this line.