Traders Playground

Selling Swing: selling SCO at 12.80 am here taking a loss on the bearish OIL bet entered into at 13.33. The direction of OIL has turned positive after todays bullish economic data. Ofcorse this loss is more than offset by the remaining AAPL calls positions the 210 and 220 calls that we bought when AAPl was 197 now the 220s are 4.09 we bought at .43 thats now 850% PURE PROFIT I am still not selling, the 210 calls not far behind. granted that am holding but a fraction of the initial 4x oversized stakes on these 2 combined but with % returns like this it still equates to stunning profits . As mentioned before this swing should be clear to 207, unfortunately no shakes thus far today to allow further accumulation.