Okay I couldn't handle the excitement so I got out of the AAPL trade for a $1.32 credit!! Excitement aside my prognosis is that AAPL will probably move higher so I prefer to bank my money. Also the fact that I'm short 3 of the 260 calls for every one of the 250 calls I own means that it won't take much up movement for the negative deltas to start stacking up once AAPL starts moving higher.
Looks like the quants were spot on again as we see the early strength being faded........It would have been a good gap fade on the ES today! Cumulative ticks so far off the open are down so we'll see. Probably an inside day today.....
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