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.selling swing +BYODI BAC April 9 CALLS at .67 1/

Posted: Wed Mar 25, 2009 2:45 pm
by MMASSASSIN
from March 25, 2009 12:34:34 PM EDT
posting what I posted in the room a little late in the boards today

.selling swing +BYODI BAC April 9 CALLS at .67 1/2 of the 4x OVERSIZED stake to bring down my exposure since possible multiday negatives may clear on my formulas plus buying puts. Now if BAC passes 8.00 I will add back the calls but hold the new puts as a hedge