shorting AAPL 340 weekly puts at .94-.90 2X OVERSIZED this ties up a lot of capital but continue to be very bullish AAPL here and this can help offset premium decay on the 350 calls entered into today if we get stuck at this 345 magnet

 

/s shorting AAPL 340 weekly puts at .94-.90 2X OVERSIZED this ties up a lot of capital but continue to be very bullish AAPL here and this can help offset premium decay on the 350 calls entered into today if we get stuck at this 345 magnet. the AAPL 350 weekly calls already reached mental stop area but am choosing to continue holding and rather offset the premium picture this way. But this dose expose us further in a pull back possibility. But the greater market has held up very well and still above break out territory here despite the Egypt uprising. I believe that if it was not for the Middle east unrest that the markets would be on a rally after these technical passes. continue to hold the GLD 133 Feb calls as a larger market hedge.

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