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.shorting swing +APVVO 4X OVERSIZED at .90 area (SELLING TO

Posted: Mon Oct 05, 2009 3:06 pm
by MMASSASSIN
.shorting swing +APVVO 4X OVERSIZED at .90 area (SELLING TO OPEN) AAPL 175 Oct Puts . I originally moved negative on AAPL with accumulations up to 4X oversized puts with the belief that AAPL would retries pre Es but now as we pass 186 and the Es data approaches and the markets moving this morning to multiday positives I am here shorting an equal money allocation to make back losses, and considering buying calls swell into the Es. If the calls start making up the loss difference then I would start removing the short allocation. since shorting options brings about a lot of risk.