adding short AAPL 330 weekly puts at .94 cent area vertical trough 325 weekly puts at .16 area OVERSIZED the spread bringing up the stake now to 4x OVERSIZED

 

/s adding short AAPL 330 weekly puts at .94 cent area vertical trough 325 weekly puts at .16 area OVERSIZED the spread bringing up the stake now to 4x OVERSIZED. This 330 weekly puts position is a hedge on todays long on 335 calls again brings up the risk in case of a fall but still we can make this into a straddle if need be. The 330 level has been support since march and find it to be a level that shuld not be lost and why I have such a large stake on this line.

Posted in General Trading