Buying Swing: adding AAPL 200 Feb calls at 3.15-.25 APV10022
Posted: Fri Feb 12, 2010 2:32 pm
Buying Swing: adding AAPL 200 Feb calls at 3.15-.25 APV100220C00200000 . This is my first add beond initial oversized money allocation at 1.65 yesterday. I believe the second leg up is about to begin and wish to position for the real squeeze now. the intraday shake should now be over, ofcorse overnight and 3 day weekend a lot of risk will come into options this close to the money especially with international issues so before the close I am most likely going to sell 1/2 by the close. the premium could spike dramatically as these calls are in the money. A mental stop on both positions is 2.80