atticus' single-name delta book

Grabbed it for 3.80 (puts).

 

Out at 2.82 average. On the road, back later.

 

paid 8.05 risk for the dec07 550/575/600 fly at 10%. 7.90 mid.

 

AAPL will print an bear-reversal tomorrow, but may touch 94. I'll try to hold to the close.

 

on the money, thinking a wide iron condor may work here.

 

thanks king.

Hit 94.00 to the penny and printed the bear-reversal.

 

did you play gmcr today?

 

ATM options lose their value faster closer to expiration i've seen stated in several places.. is this why these flys are within weeks of expiration usually.. if you were trading condors would you not be in front month/weekly options? or are these statements to broad to make a statement about at all considering how many more variables there are to consider..?

 

Out at 8.50 (60mid).

 

Long 16% in the AAPL Dec21 500/580/660 fly from 46.20 risk (05 mid).