Selling Swing: shorting AJLBE at .71 area 2X OVERSIZED AAPL
Posted: Wed Jan 20, 2010 1:31 pm
Selling Swing: shorting AJLBE at .71 area 2X OVERSIZED AAPL 250 Feb Calls [SELLING TO OPEN] BOXING IN equal money allocation as the longs but since its equal money allocation and not equal contract amount a pull back would regain losses on a position that has entries at .98 and .80. the AAPL bounce that I was looking for was lack luster and now multiday direction is in danger after a strong day yesterday but a very weak market today. With skin in the game am ready to refocus bullishly fast if need be but with time decay on our side meanwhile.