Traders Playground

Selling Swing: selling 270 calls at .70 area then shorting AAPL 290 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 on the 280s 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. ok the strategy was to short the 280s that are now .44 this is easier to accomplish . I made a mistake that tied up more dinero than expected but that should still work out in the end