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  • bdy
    I was bored yesterday and shorted $AAPL, $GOOG, and $AMZN using put spreads. today I'm up on all 3. gonna close em out for about a 4% gain.
    Feb 7, 11:31 AM
    Reply (6)
    • Bob de'Long: Good move
      Feb 7, 11:33 AM
    • bdy: thks it might actually be less than 4 percent due to bid/ask though, orders won't fill. :(
      Feb 7, 11:37 AM
    • Bob de'Long: Yes, hidden transaction cost in options.
      Feb 7, 11:47 AM
    • itzalex3: I had the same play, saw a 2 year trend ceiling, and shorted them :)
      Feb 7, 4:01 PM
    • bdy: sweet i stil have the positions i didnt get filled, im long SPY though to reduce the negative delta
      Feb 7, 5:57 PM
    • bdy: ha I woke up thinking I was going to get hit on AAPL but it was the only spread that filled. bought at 5.00 sold at 5.40... 4% after fees
      Feb 8, 9:48 AM