Among the dozens of emails received was this dilemma by an investor who jumped in and bought put options when Apple Stock was imploding back in the collapse in March. The investor never sold them and now with the stock back around $290, the loss on the options is well over 100%.
The investor then made a series of trades trying to repair the loss but may have added more difficulty to any repair plus more losses, if Apple Stock dips lower this month.
Here is the dilemma the investor faces along with an outline of how I would rescue the trade and return it back to a reasonable profit.
This strategy article is 2800 words and requires 6 pages if printed. It is for FullyInformed members.
Repairing A Large Loss In Apple Stock Option Trade – Investor Questions
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