selling then shorting AAPL 350 weekly calls at 1.75-.70 2x oversized without the spread

 

/s selling then shorting AAPL 350 weekly calls at 1.75-.70 2x oversized without the spread. No need to do a vertical since we already have a larger amount of 355 weekly calls so am remaining bullish overall since its not the same contract amount and hope to exit the short on 350 short at a loss, this also serves as somewhat of an imbalanced Iorn condor and buys time since still short the 340 and 345 puts. This is only meant to buy time . by the time I send this the 350 calls are already back up to 2.04

Posted in General Trading