Traders Playground

Selling Swing: selling AAPL stock at 336.88-.70 area that was the result of allowing the AAPL 335 jan options to tern into stock and when U do so it can become an enormous amount of stock. Very happy to be able to exit what amounted to boat loads rather than friday take a loss on short on puts. The only reason U can justify an option to tern into such an overwhelming amount of stock is if you truly understand the company this is why would only do this with AAPL. And have chosen to hold the 340 AAPL weekly callls overnight that we entered into at .92 and are now 2.28 so big smiles not to mention todays short on 330 weekly puts from 2.06 and that are already 1.39. So great way to begin the week .