
The very next day APOL broke above the 87.50 but promptly fell back down. It wasn't until it fell back below 87.50 did I take my position. Apollo minus 13 handles.
Position: Long term short
Resistance: $72.50, $75, $77
Support: $70, $68, 465
Status: Selling OTM puts, way ahead in the trade. A little overdone in the short term and a retracement back to $75-$77 seems reasonable if the market breaks north. Long-term it has much to give back, but patience is required.
Edit: Added links







