Traders Playground

Selling Swing: shorting AAPL 240 puts at .73 3x oversized plus adding AAPL july 260 calls at .23 plus a new buy on the 250 calls july at 2.20 OVERSIZED. As I have been explaining this mooring I believe todays opening action was fermenting, the process where hedge funds use light volume in pre market to create a fake perception. So I am loading the boats on AAPL options right now the once that tomorrow expire. The reason for the 240 3x oversized short is to remove losses on the 260 calls, and the 260 calls add is only a day trade unlike the other positions am here entering. tomorrow apple will hold a press conference and they may give out free bumper cases this would cost them 5 bucks a case at the most. this is for a handset where there revenues range from 500 to 700 bucks a pice. I see today as a gift and therefore am making positions that are highly aggressive especially on the puts short side. the 250 calls are the once I will most likely continue accumulating from here.