Selling Swing: AAPL 260 all calls at .85-.77 and shorting OV
Posted: Wed Jul 07, 2010 2:41 pm
Selling Swing: AAPL 260 all calls at .85-.77 and shorting OVERSIZED at .77 also buying AAPL weekly 260 puts at 5.50 area OVERSIZED. AAPl is here on my formulas on the verge of a significant intraday negative after a nice multiday bounce. This close to expiration am focusing on the in the money puts plus a short not he calls that are about to expire a 1x oversized position in anticipation for another pull back. Multiday direction has not yet gone negative though.