Hooray for the iPhone 7!
Does it really not have a headphone jack? Anyways, pre-order sales have been stronger
than expected which has driven AAPL higher over the past week. Oddly enough, IV has risen as well. We all know what that means—straddles!
I opened up an October 115 short straddle at $6.30 when IV was ~21.5%. I actually got filled at $6.305 (yay for dark pools!). I’ll be targeting $4.30 as an exit, hopefully in the next 10-14 days.
No comments:
Post a Comment