Buying Swing: buying RIMM 70 Feb puts at .83 area OVERSIZED

Here is where we post regarding stock picks on our swing trading ideas, from multi-day to multi-week both stock and option calls and puts, on the Nasdaq or NYSE.
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MMASSASSIN
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Buying Swing: buying RIMM 70 Feb puts at .83 area OVERSIZED

Post by MMASSASSIN »

Buying Swing: buying RIMM 70 Feb puts at .83 area OVERSIZED RFY100220P00070000 . This is options that expire this week so the risk is quite high but multiday direction on my formulas went bearish yesterday despite the larger daly chart showing a golden cross. With that in mind am placing mental stops on this entry at .70 .