Selling Swing: shorting AAPL 335 May puts at .66 area vertic
Posted: Wed May 18, 2011 1:40 pm
Selling Swing: shorting AAPL 335 May puts at .66 area vertical trough AAPL 330 may puts at .24 area OVERSIZED the spread. For some who are confused still when you do a vertical you short one options and go long the same contract amount another options further out of the money this case its 330s and you calculate the money allocation by subtracting one price from the other and that number is the oversized amount.