Traders Playground

Selling Swing: selling 1/2 AAPL Feb calls at 3.60-.55 from .95 again around 270% profit just as we did yesterday am here protecting profits but still see multiday direction on my formulas as positive. There have been smaller lines at apple stores and Verizon stores but this may be due to the online pre order initiative that sold out on the first day. Some attribute it to the cols weather but whatever it may be it can cause negative headwinds on the stock . 360 obviously is the strike point and with a weak to go a pass of this level would dramatically change the premium picture.