Selling Swing: selling and shorting AAPL 280 calls at .24-.1
Posted: Mon Jun 07, 2010 2:31 pm
Selling Swing: selling and shorting AAPL 280 calls at .24-.19 4X OVERSIZED. today after taking big losses on these 280 calls am here moving short on the calls that will most likely expire worthless , as I send this out the calls have already hit /15 in a latter of a few min . I was long 3x but I am shorting 4X oversized to make back losses on other calls . [selling to open] Because these calls are now so far down it takes a great deal of capital free to be allowed to short an options this low hence the importance of sizing strategies and money that is free when pressing strategies like mine, shorting options.