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Buying Swing: buying AAPL 200 Feb Calls at 2.10 OVERSIZED AP

Posted: Fri Feb 19, 2010 10:55 am
by MMASSASSIN
Buying Swing: buying AAPL 200 Feb Calls at 2.10 OVERSIZED APV100220C00200000 This is a day trade on the day of expiration so volatility should be huge. No target will be playing this by ear, a bounce setups I here see and she could easily if market shows strength move back to 4s. this is obviously high risk with 200 the closest options magnet within 10 points in either direction. Mental stop stands right now around 1.90 something that could be taken out at the blink of an eye hence the high risk.