Tuesday, August 21, 2012

12:00PM AAPL Update

I couldn't monitor the morning market so I missed the first short entry, but our plan from yesterday worked. Taking a small loss, then re-entering is a good strategy if you want to avoid gap ups. Pretty pissed off right now that I had to be away and missed the double. That's life, right?


Entry

August 25 AAPL 655 Puts @ 5.00

Plan

Will most likely keep these until end of tomorrow


Here's a lesson

I gave many of these small lessons in my skype group, but will share with newcomers here


-Pissed Red Apple