Replies to post #6818 on Up Tank

[kekermahoney]

how did AAPL 620 calls go up? I thought if its under the strike price its "out of the money"..

[NinjaAssassin]

Bought 2 AAPL $595 puts @ .50, so here's what I had:

4 x AAPL $590 puts @ .39 avg
2 x AAPL $595 puts @ .50
1 x AAPL $620 call @ .80

And here's where I sold:

Sold 1 x AAPL $595 put @ 1.85 (from .50) = $185
Sold 2 x AAPL $590 puts @ .90 (from .39) = $180
Sold 2 x AAPL $590 puts @ 1.90 (from .39) = $280
Sold 1 x AAPL $595 put @ 4.15 (from .50) = $415

Today was great for me. I made back all of my losses for the week and some from last week. I'm still down since I started trading options, but my account is a little pink rather than "HEY JACKASS YOU SUCK" red.