/s selling $AAPL 385 dec puts at 5.25-.15 550% profit and buying $AAPL 385 dec calls at .90 OVERSIZED. Now this is still great profits on the 385 puts but even greater due to the profits we have from the butterfly short on 380 puts that have depreciated. now if you do the math this leaves the remaining $AAPL 380 puts short with twice the contract amount of the long on 375 those who can’t go naked should first double to the 375 puts long to make the position even in contract amount. I will be adding to the long leg but do it latter something many can’t do but strategy is the same. Am also considering buying TLT puts to go bearish bonds or buying some calls for todays data was very good even though technically the markets are not out of the woods.
selling $AAPL 385 dec puts at 5.25-.15 550% profit and buying $AAPL 385 dec calls at .90 OVERSIZED
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