AAPL PUT +$4.32 (+159F) in 2h55m — volatility expanded after squeeze
You caught the breakdown as the bands tightened first, then volatility expanded, entering at $270.78 at 10:05am and exiting $266.45 by 1:00pm for +$4.32 (+159F). The move held because put demand took over (call-to-put flip around 10:15am) while momentum stayed bearish and volume rolled over from the 9:55am anchor.
AAPL PUTs entered at $270.78 at 10:05am and closed at $266.45 at 1:00pm for a $4.32 win, with a 2 hour 55 minute hold and solid efficiency at $1.48 per hour. Z3 confirmed the downside fast, firing a bearish cape at 10:25am, just four bars after entry, and stayed active for 18 favorable bars with a peak reading of -2.88. Options flow started call-heavy, then flipped bearish at 10:15am and stayed that way into the exit, while the key gamma walls sat at $265 above and $260 below. Momentum backed the move as tight bands gave way to volatility expansion by 10:30am, premium decay stayed low, and price was pressing lower with the volume anchor rolling over from a 9:55am high while trading below the opening range by the end. This was a clean, efficient put trade with real follow-through, even without a fresh baseline breakdown after entry, and it was absolutely worth the hold.