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Selling Swing: selling AAPL 240 this week calls at 9.50 and

Posted: Thu Jul 01, 2010 12:06 pm
by MMASSASSIN
Selling Swing: selling AAPL 240 this week calls at 9.50 and 9.30 form entry at 6.74. playing the new weekly options volatility has been hugely profitable in the last 2 days, even though AAPL remains highly oversells am here choosing to exit the calls as AAPL get on the verge of s significant intraday positive, same critical point it failed in clearing yesterday. If this positive was to clear then would consider making a buy on the 250 weekly calls since they should move well in the money on this critical pass here that has in the past failed. Again not buying the 250s yet but have trigger finger ready on strength follow trough.