Well that was a fast one... Capturing over a $4 move to the downside in a couple of hours was great, but it wouldn't have been so fast if it wasn't for general market weakness helping it along.
Even though I think that there is more potential downside here I realize that some news heavy days are ahead for AAPL. The release of the iPad on April 3rd and the anticipation and hype may drive up the prices again. And I don't want to be caught on a short position, if they announce stellar sales results pre-market and the stock skyrockets before opening bell.
So I have closed out the position at $220.89 today, for a total of $4.12 / share.
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