adding shorting AAPL 330 weekly puts at .42-.39 OVERSIZED

 

/s adding shorting AAPL 330 weekly puts at .42-.39 OVERSIZED . AAPL pulled back strongly and the long call position that at one time was up 200% today lost all premium on this AAPL pull back. Think this may be a bear trap for my formulas remain multiday positives and this pull back gave premium to puts that should quickly lose it even on sideways action. As long as we don't pull back more severely then this should even on sideways action depreciate strongly to make back some of our profits into the close.

 
Posted in General Trading