Selling Swing: Selling the full 270 June calls position at 1
Posted: Wed Jun 16, 2010 2:20 pm
Selling Swing: Selling the full 270 June calls position at 1.45-.35 area well over 100% PURE PROFIT from todays .61 initial entry. Today entered an oversized psition at .61 then it ran to 1.30 then she shook down and added another oversized stake at .95-.98. With a 2X oversized position ad here on my formulas I see AAPL on the verge of a significant intraday negative, even though the negative has not cleared these june calls represent to much volatility to hold. But strategically if we pass Day highs by 50 cents to 267 then may renter these calls but this time 1X oversized