shorting AAPL 400 weekly puts at 2.50-.45 rolling down AAPL 405 weekly puts by covering them at .90 area from 2.90 yesterday

 

/s shorting AAPL 400 weekly puts at 2.50-.45 rolling down AAPL 405 weekly puts by covering them at .90 area from 2.90 yesterday . So we collect profits on the 405 calls short that was very big stake and making the position even larger as we lock in profits. This also hedges and buys time on the short on AAPL 395 weekly puts that we are still short and at a loss but the loss is fully covered by the calls shorts at this time.

Posted in General Trading