Buying Swing: adding AAPL 325 weekly puts at .22-.25 enough
Posted: Fri Jun 10, 2011 10:50 am
Buying Swing: adding AAPL 325 weekly puts at .22-.25 enough to make it twice the contract amount of the 330 weekly puts short. this makes the 330 puts short of balanced and buys us some cheap insurance because of the low price on day of expire. But if we had a big fall now we have the sort of hedges that only works on day of expire.