Traders Playground

Selling Swing: AAPL 210 Mar calls at 12.50 area from 1.78 thats just shy of 800% PURE PROFIT also selling the remanning big to 220 calls. When we positioned into the 210 calls and 220s looking for a move up due to the pad this stoke was at 190 and the likelihood of it being reached within the month gave us the 1 thousand % gainer not he 220s that we mostly looked in last week and this one the 800% gainer in the less risky but still at the time far out of the money 210 calls, HUGE SMILES for this month AAPL has served as a great options viechol on the larger swings like these and on the shorter term small swings like the shorts on options before expiery on premium losses. An extraordinary month for options especially due to AAPL big big BIG smiles as the month long play ends today.