Selling Swing: shorting AAPL 345 puts at 1.70- 1.52 2X OVERS
Posted: Tue Mar 01, 2011 10:35 am
Selling Swing: shorting AAPL 345 puts at 1.70- 1.52 2X OVERSIZED you can go vertical trough weekly 310 weekly puts long. still hold the short on the 350s and if AAPl holds negative may have to straddle that line but U would think it unlikely with tomorrows event so am using the weakness to short puts. Am watching NFLX closely for more puts longs to hedge a weak market. And today getting hit on the bearish GLD and USO plays, have not changes the positions yet there but the strength in gold and OIL today is undeniable.