Options_Trading

AAPL H&S breakdown retest for bearish play

Short
NASDAQ:AAPL   Apple Inc
Head AND Shoulders breakdown from a couple weeks ago. Was looking for a retest of the neck line. We got it today from "excellent" earnings from AAPL. Snagging Mar 18 puts at 160. Looking for AAPL to go down to 155 or SPY 400. EIther of those happen, I will be closing the trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.