Selling Swing: Shorting BOXING IN 65 May puts at .38 equal c
Posted: Tue Apr 20, 2010 3:51 pm
Selling Swing: Shorting BOXING IN 65 May puts at .38 equal contract amount [selling to open] . Am here removing overnight risk on RIMM puts by shorting same amount of puts as have long boxing in the position overnight for AAPL has Es tonight and if its so strong that it moves the sector up even though strong iphone sales should be bad for RIMM but often the street docent see it that way. Strategy is to tomorrow inbox the options after the risk and the direction is clear.