Buying Swing: buying FAZ at 12.54 OVERSIZED This is a financ
Posted: Wed Apr 07, 2010 3:50 pm
Buying Swing: buying FAZ at 12.54 OVERSIZED This is a financials bearish position as a market bearish add. Tomorrow is the AAPL OS event and even though the iAD announcement may come tomorrow as apple gets into the advertising market I believe 250 should not be reached and that premium should see further erosion so will hold on to the 250 calls short. Mentioning it since the emails have been all about that position today. Also continuing to hold the strong GOOG calls short that today paying off in a big way. As mentioned yesterday that was the beginning of a market ill back set to last for the rest of the week.