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.buying swing +BYOCG 2X OEVERSIZED at .28-.30 and selling al

Posted: Wed Mar 18, 2009 11:42 am
by MMASSASSIN
.buying swing +BYOCG 2X OEVERSIZED at .28-.30 and selling all BYOOF at .13 and BYOOG at .55. today C went of the distressed status to stable and C has a huge move up, the inevitable gain in financials seams to be apun us. I am still holding the 1/4 of the BAC calls that are moving up plus the old C stock from 1s, Im moving in aggressively here because there is substantial upside for BAC from here to renter double digits, though these calls are 7 strike I dont think there will be any difficulty in passing 7s today.