.selling and shorting 2X swing +APVGJ at 35-.31 OVERSIZED AA
Posted: Wed Jul 15, 2009 11:51 am
.selling and shorting 2X swing +APVGJ at 35-.31 OVERSIZED AAPL 150 July Calls
I am here selling the full 3X OVERSIZED holding on +APVGI and then shorting 2X OVERSIZED position in the same calls. These calls the strategy has ben ongoing for some time, not only did I previously short her and sell the shorts as low as .10 but then releasing the longs at .10 to sell the full stake today at .35 today but now to further confuse hehehe I am shorting her naked at the same .35-.30 level NAKED 2X OVERSIZED with no longs to protect the position. Remember there is always the possibility of unlimited loss on shorts in options so have a mental stop set at .40
I am here selling the full 3X OVERSIZED holding on +APVGI and then shorting 2X OVERSIZED position in the same calls. These calls the strategy has ben ongoing for some time, not only did I previously short her and sell the shorts as low as .10 but then releasing the longs at .10 to sell the full stake today at .35 today but now to further confuse hehehe I am shorting her naked at the same .35-.30 level NAKED 2X OVERSIZED with no longs to protect the position. Remember there is always the possibility of unlimited loss on shorts in options so have a mental stop set at .40