Selling Swing: adding AAPL 320 calls weekly calls at 1.70-.6
Posted: Tue Oct 19, 2010 1:30 pm
Selling Swing: adding AAPL 320 calls weekly calls at 1.70-.60 OVERSIZED now am up to a 2X oversized add so have a equal money allocation straddle to the short on 280 puts and any sideways action between these levels should work for us before the event tomorrow that will be focused on computers, a less sexy segment for AAPL. So now have 2x oversized short on calls and yesterday shorted 2x oversized puts from 2.70 that are now .45 this helps protect and further works premium erosion angle.