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Selling Swing: selling AAPL 290 puts at .80-.74 taking a big

Posted: Tue Oct 12, 2010 2:37 pm
by MMASSASSIN
Selling Swing: selling AAPL 290 puts at .80-.74 taking a big loss on this then shorting the AAPL 290 puts at .80 area OVERSIZED. tonight intel has her Es and see todays fed notes as market bullish so wish to hedge the possibility of sideways action with a short on the less likely to be reached 290 puts here.