BOY has it been a profitable week.
Talk about head on a swivel.
The nonfarm payroll was such a great pump that fizzled out FAST... Check out APPL. As goes APPL, as goes the market... At least I heard that once.
Well, our dear APPL was measly yesterday on the BIG RAMP which told me the powers at be were letting that BUY button wait until today.. tehehe. The...
Sticking to adding some short delta here until we are able to start breaking out more...
-1 Aug17 170/174 call spread, with a financed $162 put - overall $.10 cr.
The trade has unlimited profits to the downside, in theory, but very little chance in reality.
I have set a stop loss at $171, to equal around a $100/contract loss. I will probably look to manage this...
