Selling Swing: selling AAPL 260 April calls at .39 . This wa
Posted: Tue Mar 30, 2010 12:39 pm
Selling Swing: selling AAPL 260 April calls at .39 . This was a high risk position to begin with so here exiting these calls at a few cent profit but nothing consequential. If we were to pass the day highs then would not mind entering these calls again at .46 but now as we approach get closer to April we have the pressures of premium depreciation. on my formulas were on the verge of a significant negative that has not yet cleared but removing this high risk position preemptively .