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.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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