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Selling Swing: selling AJLBE at .89 feb 250 AAPL calls. Taki

Posted: Mon Jan 11, 2010 2:09 pm
by MMASSASSIN
Selling Swing: selling AJLBE at .89 feb 250 AAPL calls. Taking a loss on the bullish bet on AAPL from 1.06. The multiday direction again shifted negative, my intent is to look or reentry on these calls either lower or on any sign of real strength. The line in the sand 209 is being tested here and rather exit now before premium erodes sharper.