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Selling Swing: selling all AAPL 250 calls at 9.50 the day tr

Posted: Fri Jul 30, 2010 3:29 pm
by MMASSASSIN
Selling Swing: selling all AAPL 250 calls at 9.50 the day trade from 7.66 today a 2x oversized position nicely profitable with limited risk . As we close multiday buy signals are on the verge but I doubt they will clear before the close. My strategy was to accumulate to the Aug calls once this cleared most likely monday if strength persists. We have had a nice healthy market retrasement since mentioning across the board multiday negatives on tuesday but the GDP sticky point has me hesitant in now positioning bullishly till we see early action on monday.