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Buying Swing: buying USO 42 weekly puts at .35-.38 OVERSIZED

Posted: Wed Mar 23, 2011 4:01 pm
by MMASSASSIN
Buying Swing: buying USO 42 weekly puts at .35-.38 OVERSIZED and selling the remaining 1/2 AAPL stock at 339.70 above 338.50 break even on the stock that came from allowing options to exercise last week. Very nice to be out profitable on something that if not exercised wold of been a very big loss.