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.
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.