One would think it's dangerous, but many have been saying for a while that Apple would have a major pullback. I have seen many of my puts expire worthless because right when I think the RSI is so overbought and in need of a correction, AAPL shoots up another 3-5%. I'm happy I have long calls that I'm making money with and wondering if I should just focus on that and forget the weekly puts for a while. AAPL seems to be defying all chart logic currently. Now since I don't plan on opening puts, it'll drop 10% ;)