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

Posted: Tue Dec 13, 2016 9:56 am
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 !!