Selling Swing: shorting AAPL 320 puts weekly calls at 1.60 O
Posted: Tue Oct 19, 2010 11:31 am
Selling Swing: shorting AAPL 320 puts weekly calls at 1.60 OVERSIZED. we are up on the short 290 puts 81% but now wish to play against premium by shorting calls on a sideways action strategy terming this into a partial strangle though the short on . we have 2x oversized on the 280 puts so this is a partial money allocation straddle , looking to accumulate further to the short on these puts latter .