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.covering short 1/2 +APVGJ at .18 area AAPL 150 calls.

Posted: Wed Jul 08, 2009 1:58 pm
by MMASSASSIN
.covering short 1/2 +APVGJ at .18 area AAPL 150 calls. That we entered into at .44 $-) big smiles . Shorting these calls at 3X oversized has been very helpful, the market looks very bearish but here the possibility of a market turn is showing itself. Bringing down the short stake to a 1.5 oversized stake remaining.