.selling swing +APVFL (SHORT POSITION) 1/4 at .05-.07 area A
Posted: Wed Jun 10, 2009 1:46 pm
.selling swing +APVFL (SHORT POSITION) 1/4 at .05-.07 area AAPL 160 june calls. After buying a negative stake on calls yesterday i am here locking in some great profits that at these levels have offset the full losses from the long positions. I am selling 1/4 of the short not the log position so in other words SELLING TO OPEN. the strategy is to sell the negative positions on pull backs and sell the positive positions on bounces, for now will hold the full long stake.