adding swing +APVFL OVERSIZED at .40-.43 area AAPL 160 june
Posted: Mon Jun 08, 2009 11:19 am
.adding swing +APVFL OVERSIZED at .40-.43 area AAPL 160 june calls. Friday I made a mistake on my last add firday on these calls and its eating into my overall profits, from initial entery as low as .17. So here I am positioning on a day trade using what should be the lows of the day as a OVERSIZED add point. This options position is now for me 3 times the size of any other options stake I have in any other stock. To say its large is an understatement at 6X oversized . Today at 1pm AAPL will have its keynote and introduce new products first significant product releases in a years time so I believe the premium will come back to the options as the event nears and we bounce of the opening shake.