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Re: randygee post# 5231

Thursday, 05/31/2007 6:11:33 PM

Thursday, May 31, 2007 6:11:33 PM

Post# of 22169
I'm just calling it from a technical angle. Nothing to do with AAPL. Don't jump on me about it. Look at the damn chart yourself. Major neg divergant. It is what it is. Will it work out that way? Who knows.

I own 2000 shares of AAPL for free from shorting calls and collering it over the last 6 years. So, because I own those shares long, I can't short it. But I did do a synthetic short position on it today. A small one.

I shorted the June $125 call and went long the June $120 put. It's basically the same as shorting the stock.

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