another 18k put bet for next Friday's SPY close

seems like AAPL is the only thing to buy for today. it sits on the congestion area and looks like a support here


Quote from BeatingtheSP500:

throw the crack pipe away, AAPL is NOTHING like NFLX. How do you compare the 2?
 
Quote from trader198:

I bought lots of AAPL put options strike at 385 /390, some this week, some a little bit long (using some spread strategy to reduce premium risk, of course hurts my gaim). I reasoned AAPL will be 300 pretty soon, then 200, then struggle like NFLX.

an apple a day keep doctor away.

can not initiate puts on SPY, so far this thing is still hoving above 50EMA, it seems a good bet for it to drop.


what month?

not sure in 4q that is a good idea + Holiday season when people buy a lot of AAPL products. However I got hurt on exiting my puts too soon, and then buying calls. Not happy about it - - - so why not buy some puts. Maybe it trades to 365; i doubt it.
 
apple starts to get rotten, it works. made a killing on apple today . out my amzn 210 put too soon. sold my 385/390 put almost at the top, still kept some a little further put(next tomrrow expiration). hate to trade expiration day. IB will keep bothering telling me "epiration near!" make me nervous, actually there is good gamble on expiration day.

steven jobs is gone, his bog share is starting to sell.

will be another NFLX for sure.


Quote from trader198:

I bought lots of AAPL put options strike at 385 /390, some this week, some a little bit long (using some spread strategy to reduce premium risk, of course hurts my gaim). I reasoned AAPL will be 300 pretty soon, then 200, then struggle like NFLX.

an apple a day keep doctor away.

can not initiate puts on SPY, so far this thing is still hoving above 50EMA, it seems a good bet for it to drop.
 
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