selling 1/2 of AAPL 320 june puts at .50 area. taking a fast loss on the long position meant to hedge us against a gap down on the short on 325 june puts

 

 

/s selling 1/2 of AAPL 320 june puts at .50 area. taking a fast loss on the long position meant to hedge us against a gap down on the short on 325 june puts. now we can make this a more balanced vertical the rest of the vertical leg still sits on the 300 long from last weeks 310 vertical play that we locked in yesterday. 

 

Posted in General Trading