.buying swing +BYOEK CALLS at .77-.80 OVERSIZED
Posted: Wed May 13, 2009 12:34 pm
.buying swing +BYOEK CALLS at .77-.80 OVERSIZED, BAC 11 may calls in the money. Here the strategy is to create a hedge on the very aggressive 2X oversized AAPL puts stake. With deappreciation fast a slight move up on AAPL could erase our gains this should help protect it but am considering mental sops on these calls at .68.