Selling Swing: shorting AAPL 200 Feb calls OVERSIZED at 3.60
Posted: Thu Feb 18, 2010 12:05 pm
Selling Swing: shorting AAPL 200 Feb calls OVERSIZED at 3.60-.50 with a mental stop at 4.20. Tomorrow is options expiration so this is high risk but am here betting on the 200 magnet bringing AAPL back down into the close. VERY HIGH RISK with large % loss on the stop but she could easily move back to her day lows bellow 2s with the slightest shake here. This has been a hard options expiration week to play with sideways action, here taking the easier road going short vs long.