I still don't like the way the charts look, but I can't see this market moving up and AAPL moving down.
My initial thinking was March puts were long enough that I'd still have time to catch AAPL on the way back down after a bounce, but it doesn't make sense to me to have that opportunity cost that long so I'm going to take the -12% put loss and just close it for now.
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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