Sold $AAPL Jan 18 165/160 BuPS @ 1.12. IV rank is 66. Delta of short puts 28. Could be a double bottom on the daily–if there’s follow through I’ll look to take this off quickly with help from delta and a contraction of IV.
Sold $AAPL Jan 18 165/160 BuPS @ 1.12. IV rank is 66. Delta of short puts 28. Could be a double bottom on the daily–if there’s follow through I’ll look to take this off quickly with help from delta and a contraction of IV.