another 18k put bet for next Friday's SPY close

Discussion in 'Options' started by mikeenday, Nov 11, 2011.

  1. ammo

    ammo

    124.3-124.4 mp mean for last 30 days
     
    #11     Nov 11, 2011

  2. Do you have a fever? Lol
     
    #12     Nov 11, 2011
  3. mikeenday

    mikeenday Guest

    looks like a nice day to double up.

    Short TNA @73.5

     
    #13     Nov 14, 2011
  4. Nice call. I thought you would take a 30% hit based upon last night's open. IMO, I would cover all or a large portion of your 26P here at SPY=125.44. I'd bet we're close to a low for the week (within 40 cents).
     
    #14     Nov 14, 2011
  5. mikeenday

    mikeenday Guest

    will do 5 minutes before close.

     
    #15     Nov 14, 2011
  6. mikeenday

    mikeenday Guest

    sold @2.1 for the 18k.
    leave the rest for tomorrow.

     
    #16     Nov 14, 2011
  7. ammo

    ammo

    support at this nip,temp or not?
     
    #17     Nov 14, 2011
  8. for sure... but it could be after 11/18

    may go to 124 +/- first
     
    #18     Nov 14, 2011
  9. 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.
     
    #19     Nov 14, 2011
  10. throw the crack pipe away, AAPL is NOTHING like NFLX. How do you compare the 2?
     
    #20     Nov 15, 2011