Tuesday, August 6, 2013

AAPL P/L Update

Here's the P/L on the AAPL weekly $470 put from yesterday.


37% gain for a day, if this were a longer dated put I'd probably stick around a bit longer, as it is now, I'd rather look for a new entry.

Here are the current charts and the reason for my exit.
 This is only a 1 min intraday chart, but it's enough with a weekly put to make me think about taking those quick gains.

 The 2 min chart is very much still negative, as I said, If my expiration were later, I'd hold the AAPL put.

The 5 min chart is still negative

And the 10 min.

This may turn in to a bigger, longer term trade, but for now I prefer keeping this one tight.

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