Thursday, August 15, 2013

My Options Account on August 15, 2013, Part 1

The market is down big today and I see a lot of opportunities to sell some put spreads right now.  Here's a few of my trades I'm making mid day (all expiring tomorrow):

PCLN $937 Sell 930/925 put spread for 1.00
AAPL $501 Sell 495/490 put spread for .85
MA $621 Sell 615/610 put spread for .55
HLF $65.25 Sell 65/63 put spread for .35

I get the feeling that the market is oversold in the short term and we will see a slight rebound to the upside later today or tomorrow.

Jonny

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