Skip to the last ten minutes if you want to see how we got dinged for $200 putting on a ‘CI trade in AAPL, but then jumped right back in to hit a $400+ winner. The trade is tightly rationalized so that you’ll be able to remember what worked the next time you attempt this one. We also looked at a put calendar spread in FB that mimicked a strategy I wrote about for SFO magazine. (The article is available online.) Some HP grads reported doing the trade, which is designed to leverage distant strikes and to make a few bucks even when we are wrong.
