Quick Update
Luckily, I have been away from the stagnant market for the past few days, not much has changed. SPXU finally went below $42 mark and the 140 SPY September Monthly Puts below $2.50. At the moment, we are not entering the 140 SPY Puts because we want to save some money to trade AAPL.
Remember folks, these are planned swing trades 2 weeks plus, unless profit target hits faster than expected
Entry
Scaled in 1/2 of SPXU @ 41.75
(Last half, buy limit is SPXU 40.05 if we get there)
Portfolio
September Monthly 130 Puts @ 0.68 (Average cost)
SPXU @ 41.75
AAPL Update
Have a limit order for the AAPL September 600 Puts @ 5.05
(Subject to change, if it shows no weakness on 5min chart this afternoon)
AAPL hourly RSI-14 is approaching to extreme overbought zone(low 90s), currently in the low 80s
-Red Apple
