Selling Swing: shorting AAPL 330 weekly puts at .95 area nex
Posted: Fri Jun 03, 2011 2:55 pm
Selling Swing: shorting AAPL 330 weekly puts at .95 area next week vertical trough AAPL 320 weekly puts at .35 area and going AAPL 355 weekly calls at 1.00-.11 next week expire. On the short OVERSIZED the spread This is a bullish position on AAPL into next weeks event but hedged against sideways action due to the short on puts. Again the WWDC is the most significant event of the year for AAPL and we will see the new mac os and IOS os shown off and very likely we will also find out what the cloud strategy for AAPL will be after building the huge data facilities .