Buying Swing: buying AAPL 114 puts at .50 area 10x oversize

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:

Buying Swing: buying AAPL 114 puts at .50 area 10x oversize

Post by MMASSASSIN »

Buying Swing: buying AAPL 114 puts at .50 area 10x oversized with a mental stop at .35.
AAPL is having a short squeeze after a large increase in short interest after the speculation that apple watch sales were down. Now that it turns out that the opposite is true its up big but with this big spike today I want to try a strong bearish bet but be ready to get stoped out

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 !!