1 Whoever had the cojones to play AAPL earnings and made out. Congratulations! Saw some fearless dudes sell the weekly straddle. Of course, everyone thought it would pin 610, but it already pretty much almost hit six freaking strikes (missing 615 and 590 by a c-hair) and spent enough time at 610 not to pin there.
Anyways, who’s the idiot who sold a 695/700 put spread at the top? Rhetorical question. I have a standing order at the 200 line that should fill next week.
One Response to “I am glad there is no stock market manipulation”
redman59
To sell the Straddle did take some cojones & historically a losing trade but profitable as hell if it did work out as it did in this case…congrats to those traders of fortitude.