creating full butterfly on $AAPL by doubling to the 555 weekly puts short at 3.90 and 3.65-3.60 we before did not have a full butterfly but now we have added as to make it a full butterfly and buy ourselves time before making any new commitments

/s creating full butterfly on $AAPL by doubling to the 555 weekly puts short at 3.90 and 3.65-3.60 we before did not have a full butterfly but now we have added as to make it a full butterfly and buy ourselves time before making any new commitments.  I am not yet ready to commit bullishly on $AAPL but if we do chose to tern bullish on $AAPL we can hold on to this butterfly and just enter new long calls stakes.

Posted in Options, Options Strategies