/s selling 1/2 AAPL 240 calls 2.18-.15 at 45% Profit . AAPL
Posted: Thu Mar 25, 2010 3:31 pm
/s selling 1/2 AAPL 240 calls 2.18-.15 at 45% Profit . AAPL passed 230 but never saw real follow trough, and add to that multiday negatives on the verge of clearing not only on AAPL but the DOW and S7P here on my formulas and now wish to lock in some profits to be on the safe side still holding a full oversized stake after selling 1/2. A market retrasement as we approach 11k dow would be healthy. If we see renewed strength on AAPL at the close then don't mind buying back the AAPL calls higher.