Selling Swing: shoring AAPL 240 puts at .20 oversized. these
Posted: Wed Jul 21, 2010 2:15 pm
Selling Swing: shoring AAPL 240 puts at .20 oversized. these are the same puts that went short and held an oversized position from 4.90 yesterday, today added to that position at .20 to serve as a hedge on the AAPL 270 calls add that today is not working out. I see very little risk in these puts short , she is .25 now higher than my short entry. Am also watching the 260 calls for a buying opportunity if some strength remerges.