Selling Swing: selling then shorting the remanning 1/2 AAPL
Posted: Thu Feb 03, 2011 1:05 pm
Selling Swing: selling then shorting the remanning 1/2 AAPL 345 weekly calls at .80-.70 area. Making the short 2X OVERSIZED still hold the AAPL 340 weekly puts and this turns the position into strangle. Both of these expire tomorrow want to protect the short on puts for incase we get a retrasement into the close.