Selling Swing: selling AJLAX 1/2 at 3.15, AAPL 220 Jan Calls
Posted: Mon Dec 28, 2009 12:06 pm
Selling Swing: selling AJLAX 1/2 at 3.15, AAPL 220 Jan Calls 430% PURE PROFIT locking in huge home run profits but will not hesitate to renter on any sign of strength. on my formulas a significant intraday negative may here clear even though the larger chart has a obvious breakout. so exiting 1/2 but with trigger on the reentry button. In options I consider a play that brings us 400% gains or more a HOME RUN big huge smiles. Larger picture am targeting 225 AAPL on this swing , if she shakes would also look to reenter the same money allocation lower making the next position a larger holding with the same money allocation. smile