#Earnings – Earlier in the week sold some fairly aggressive puts at 170, 167.5, and 165 bringing in nice premium. Just to make sure I have a reasonable starting point to enter a synthetic stock position if it tanks, I’m using a small portion of the premium received to buy some protection down at a twice the expected move level. I wouldn’t think it would ever go that low but then again I didn’t think I’d be running from hurricane IRMA for 10 days either…LOL Buying a little insurance while the sun is shining… 🙂

Sold 3 puts originally and buying 5 puts here.

Bought AAPL FEB 2 2018 155.0 Puts @ .27

#pietrade