Should I panic about my short position on Apple calls?

You obviously don't understand options. As of lunch time, the position was in the hole $38,000 after deducting proceeds.
AAPL bounced back off close to $370 level.

Your recommendation is terrible.

 

The OP hasn't posted the premium he collected, maybe he has a small unrealized profit at this time.

 

Theta is a whopping! -.38 only 11 days and it just needs to be one penny OTM and he is good to go.

 

It's a $370 stock. Every greek will be relatively larger than others you might have seen before.

 

The OP should be panicking by now.

 

I suppose you'd recommend standing in front of an oncoming train as long as you can jump off a few seconds before arrival.

 

$470

 

Brilliant! This must be some more of that secret knowledge from the CFA curriculum... Keep 'em coming pls, bwol.

 

Shit. I've been in the stock too long.

Onto $550-$600.

Saw a newbie fast money trader recommending buying apple puts, but I guess it depends how fearful you are.