Stock, Option and Futures Trading

Stock, Option and Futures Trading

AAPL Weekly 375 Puts (Aug20th)

 

AAPL had blue bars at the last high and that is our signal to cover all longs. We also had timing at that top noted in prior posts.

We have a level here that we can play it to the downside.

We are using the Weekly 375 puts for $2.80 or better. They are at $2.90 now.

Stop is .80 target is 8.00

Happy Trading,

http://www.eMiniSchool.com

PS If you want to wait for it to be more confirmed you would wait for today to close then use the low of today as your entry

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: