/s shorting AAPL 340 weekly calls at 3.10-.05 2X OVERSIZED am still holding the short on the AAPL 340 calls weeklies and they are eating into the profits from the long 340 monthlies. This is meant to hedge the premium gain on the 340 weekly calls and if they pass 4.50 then would take the loss on the 340 weekly calls short and ride the short on 340 puts weeklys. a bit to a straddle on the 340 line here. This buys more time to find a exit at lower premium on the 340 weekly calls short if we instead see sideways action and protects profits if we see more strength. a big retracement I now see as more unlikely, but if we do get a shake will be focused on exiting the calls short.
shorting AAPL 340 weekly calls at 3.10-.05 2X OVERSIZED
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