Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

Short AAPL with May 18 $600 Put

By looking at the daily chart, you can see the obvious presence of the “external force” moving against the original up “motion”.

Since I’m in the money, my stop is at breakeven.

Good Hunting!

Ps. My previous AAPL short with May 580 Put was closed before earnings report; I knew better than to gamble on earning report.

If you enjoy the content at iBankCoin, please follow us on Twitter

One comment

  1. zenhunter

    Closed out AAPL short on open to lock in profit.

    • 0
    • 0
    • 0 Deem this to be "Fake News"