Signals & Analytics

AAPL options are expensive relative to history - premium sellers have the edge. Consider: (1) Bull put spread 1-2 strikes out of the money, 30-45 days to expiration, aiming for 0.25-0.40 credit per spread. (2) Iron condor centered around the expected price range to collect premium from both sides. (3) Cash-secured put if you are willing to own the stock at a lower price. Avoid buying long-dated calls or puts - you will pay elevated implied volatility and theta decay works against you. Gamma positioning suggests dealers may amplify price moves. Reduce position size by 30-50%, widen your stops, and avoid short gamma positions. Prefer longer-dated options or smaller sizes. Expect volatility spikes - do not over-leverage. Unusual option flow is present. Wait for price action to confirm before entering. Size smaller than usual until your thesis is validated. Unusual flow can be informed or noise - let the chart confirm before committing.