.selling swing 1/2 +AJLKY at .60 area and 1/2 +AJLKV at 4.30
Posted: Wed Oct 21, 2009 3:44 pm
.selling swing 1/2 +AJLKY at .60 area and 1/2 +AJLKV at 4.30 area ( +AJLKV = 210, +AJLKY = 230 Nov AAPL CALLS) Plus I am shorting +AJLKC .28-.26 2X OVERSIZED to bring a bit of a vertical options strategy into play. more on tat in next mail. I have to admit though of the lowest add we may have 160% profit of the lowest add on AAPL 230 calls and 86% profit on the 210 calls , but I am disappointed by the play so far. I remain very bullish but a market negative makes a vertical strategy necessary and 250s the market is very topish working against our options to bring down our overall returns.