Buying Swing: buying AAPL 360 weekly calls OVERSIZED at 1.33
Posted: Mon Oct 18, 2010 2:36 pm
Buying Swing: buying AAPL 360 weekly calls OVERSIZED at 1.33 area DAY TRADE. This is a long 360 calls position that is meant to be only a day trade with mental stop at 1.10. Into the close we should see strength in AAPL into the close and the premiums should spike along with it. The risk of holding overnight on weeklies I see as to much risk and we already have 350 nub calls that have more time not to mention the short on 280 puts we entered minutes ago.