.selling swing +BYORI at .21 area BAC 9 PUTS June. and Im bu
Posted: Thu May 21, 2009 11:59 am
.selling swing +BYORI at .21 area BAC 9 PUTS June. and Im buying back the BAC calls +BYOFO here at .15 area OVERSIZED, im selling the puts and buying the calls for incase the market has a bounce here. I am taking a 5 sent loss on these puts this was a single oversized stake and todays 10 am data leading indicators was better than expected, better than I expected so now wish to bring down my bearish stance. We are up a lot on the AAPL puts im holding that 3X oversized stake for now and now with this add in BAC calls plus the remanning 2X oversized C calls it brings me up to a equal position bullish and bearish .