Buying Swing: AAPL 220 Mar calls at .59 OVERSIZED AJL100320C
Posted: Mon Feb 22, 2010 1:00 pm
Buying Swing: AAPL 220 Mar calls at .59 OVERSIZED AJL100320C00220000 . This is my initial entry in a new swing trade bullish on AAPL after she reached the 200 level we were targeting last week. these calls lost since friday 1/2 there premium value from 1.18 to .59 so here am playing it as a multiday attempt with mental stop at .50. Significant intraday buy signal is here on the verge of clearing on my formulas but multiday direction is still bearish. The Ipad is to be released late this month most likely after these calls have expired therefore watching the April calls swell but will most likely hold of on an entry on those till multiday direction terns bullish.