shorting AAPL 345 weekly calls at 1.95-.87 vertical trough 355 weekly calls at .09 area OVERSIZED the spread

 

/s shorting AAPL 345 weekly calls at 1.95-.87 vertical trough 355 weekly calls at .09 area OVERSIZED the spread. Yesterdays short of the AAPL 350 weekly calls is now working in our favor as the market further loses its footing, and moving towards a real market breakdown. Despite this fall believe that AAPL may pin to the 345 line into expiration and rather than cover the 345 puts shorts am shorting the 345 calls, to buy some time as theta will hit both sides strongly overnight.  This brings us more inline on the iron condor as we are short now 3x oversized both calls and puts with shorts on 340 and 345 puts and shorts on 350 and 345 calls.

 
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