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Selling Swing: shorting AAPL 340 weekly puts at 1.64 OVERSIZ

Posted: Thu Feb 24, 2011 10:13 am
by MMASSASSIN
Selling Swing: shorting AAPL 340 weekly puts at 1.64 OVERSIZED staking and adding NFLX 220 weekly calls at .90 area. on the the bullish positioning on AAPL counting on a higher magnet taking hold at 350 for tomorrows exertion. Still hold the 330 puts that we shorted at 2.00 and 1.40 that are now .25 but that only hedged the far out risky 350 calls long bet, this 340 puts short is naked to bring up profits if the move north is slow. Also watching here F as a bullish play . NFLX now is on the verge of multiday buy signals, I positioned yesterday on the possibility of a gap up into 220s at open but even though she gaped up it was not as strong as what I was expected, am now expecting the bullish momentum on NFLX to pick up.