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August 7th, 2020 at 10:33 am
AAPL/Phil back when AAPL was a bit more reasonable on July 17 you suggested selling 10 (uncovered) short Sep $385calls. I can’t easily sell uncovered short calls (no PM) but If I had the big margin I could. At these levels wouldn’t it make sense to sell some short term close to the money calls just to catch the crazy premiums? What would you suggest now? (Bought back my 5 short Sep $370cs at a profit on a dip then later sold 5 Nov $400calls .. a staggered roll)
45 '22 $300c @ $67
-25 Jun '21 $320c @$44
-20 '22 $350c @$36
5 '22 $240c @$49
-5 Nov $400c @$22
-5 '22 $200p @$21
THX!