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Buying Swing: adding AAPL 360 Feb calls OVERSIZED at .95-1.0

Posted: Fri Feb 04, 2011 2:12 pm
by MMASSASSIN
Buying Swing: adding AAPL 360 Feb calls OVERSIZED at .95-1.00 OVERSIZED Initial entry was at 1.30 brining up the stake to 2X OVERSIZED. The market has remained strong and AAPL after a strong open, moved back to the 345 magnet into the weekly expire and with the market still in break out territory am very bullish multi week. There will be over the weekend depreciation but am willing to position so far out of the money because of the low premium picture and shift if momentum came into play again.