Stock, Option and Futures Trading
AAPL has went sideways from our entry today. I want to give AAPL room over the next two days and you can see how fast the premium changes on weekly options.
AAPL could spike up to 390 and still come down so I will remove my stop for the next day or so , so I can give the pattern time to play out.
I have said before that trading weekly options the risk is the entire option it is like taking a stop out trading the stock. To trade AAPL here our stop would be greater than $2.80 so we are still underneath the swing trade risk of the trade.