Tuesday, April 10, 2012

AAPL Puts explanation

I was reminded by an email asking about the BIDU/AAPL puts.

I closed the AAPL April 635 Puts precisely because they were April and they were at a small profit. The BIDU I left alone because they are already May expiration, I want to move the AAPL Puts out to May expiration and will look to do so on price strength.



11%, not what I hoped for, but you have to take what the market gives.

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