Selling Swing: shorting boxing in bearish squwed AAPL aug 28
Posted: Thu Aug 05, 2010 11:08 am
Selling Swing: shorting boxing in bearish squwed AAPL aug 280 calls at .64-.62 4X OVERSIZED. The intent of now terming the 280 calls into a bearish position for the same amount of money allocation at a lower level brings about a larger amount of puts. The intent here is to erase some losses but into the close will most likely scale back the short into a equal contract amount before tomorrows employment picture.