Today, I have cleared out my long puts and short calls at 115. Apple has held firm on the 92.5 to 93 area. I have aggressively bought Jan 19 '18 110 calls to lower my average cost and to play any bounce back. I have also bought some Apple shares in my retirement account. I think a 5 to 7 dollar bounce is reasonable at this point. Price action is looking better today. I will sell some of the long calls after the move up to recover some of my losses (or potentially profits if we move up enough).
Apple & Reversals - Per Click Payment Structure of Socrates
Long Apple shares
Bought more Jan '18 110 calls (retirement and investment)
Short Jan '18 120 calls
Sold Jan '18 95 puts
Long DIA shares
Sold Jan '17 178 puts last week
Disclosure: I am/we are long AAPL, DIA.
Additional disclosure: Additional disclosure: I also am long and short options for AAPL and DIA, and due to the speed with options move, can change my position at any time. If I do, I will note it here after the fact.