Traders Playground

Selling Swing: adding short AAPL 325 June puts at .76 area vertical trough AAPL 315 June puts around .10 OVERSIZED the spread. The earlier long on AAPL 335 june calls was badly timed but still am looking for a bounce and if the bet is for sideways action this add should help hedge against sideways action somewhat. Am betting that this is higher lows before the bounce. If multiday on my formulas was to tern negative multiday then would quickly short the 330 AAPL calls same contract amount as the long on 335s to tern on the iron condor as to buy her time. Again at these levels on AAPL its hard not to be bullish even in a market falling like a rock, hence still hold the boat load of stock from 325 and again will not exit that till my formulas go multiweek negative that hey have not despite this pull back.