Selling Swing: AAPL AAPL 250 July 2nd weekly puts at 4.50-.3
Posted: Thu Jul 01, 2010 10:19 am
Selling Swing: AAPL AAPL 250 July 2nd weekly puts at 4.50-.35 WEEKLY OPTIONS over 100% pure profit from entry at 1.95-2.04 . This greatly helps out after yesterday a day where we took some strong losses on bullish options. The short on the AAPL 270 calls that was 2x oversized fro 3.00 now have her at 1.86 so the bearish shift we made working out greatly. It is stunning to se the volatility on these new weekly options that have been released on stocks like AAPL and it brings up all types of new option strategy possibilities especially when the movements will be less based on expiration magnets as U would have on the monthly options. Will move into this new weekly options world carefully for just as profits will be bigger and faster so will be the losses as risk increases dramatically.