/s shorting AAPL 335 calls at 2.75-.50 OVERSIZED, to create a straddle on the 335 line on AAPL. Last few days have been getting killed on shorts on options because held them in the money. Now the risk is there of being calls on the 340 puts short. Am trying to time the bottom but to do so have to hedge the new 335 line as today AAPL went for a short time bellow it. Best case sinerio would be a slow move up from here where we other break even or lose on these 335 calls shorts while losing premium on the 340 and 335 puts shorts.
shorting AAPL 335 calls at 2.75-.50 OVERSIZED
Posted in General Trading