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/s selling 3/4 AAPL 210 and 220 calls at 4.45 and 1.12 areas

Posted: Tue Mar 02, 2010 12:00 pm
by MMASSASSIN
/s selling 3/4 AAPL 210 and 220 calls at 4.45 and 1.12 areas respectively thats 150% and 160% profits from initial entries on a aggregative 4x OVERSIZED money allocation $-). these calls were higher earlier today and could still push passed 210s into 215 next. My strategy is to here protect profits and renter the position higher if 211 is passed don't mind paying more for the calls if it means protecting profits now on a very aggressive options money allocation.