Apple long to 170 with active options swing trade

2021年11月30日

Entered into an apple swing trade yesterday near the end of the day with a 2 to 1 call/put ratio. Closed short leg today during consolidation after initial breakout, and holding long leg to capture the rest of the daily momentum.

Will look for another swing entry near the end of today.

2021年11月30日

註釋

PA was able to break out of the 164 resistance and is now running into 15m $165 resistance point

Definitely looking for an exit on the 162.5 calls now. Need to avoid end of day whale dumps

2021年11月30日

手動結束交易

2021年11月30日

註釋

The option strategy used for this trade is called a Strap and is a modified straddle where 2 ATM calls are offset by a single ATM put (couldn't remember the name of it earlier and had to look it up)