Buying Swing: covering short on AAPL AAPL 300 calls at 8.20
Posted: Thu Nov 18, 2010 3:58 pm
Buying Swing: covering short on AAPL AAPL 300 calls at 8.20 area huge loss from 2.30 200% loss but we have 100% gain coming on the AAPL 300 puts short plus we have 3 times the money allocation in 310 calls short that are losing premium so all in all were right now about break even, but if the 310s lose more premium tomorrow we should see profits.