Buying Swing: covering short on AAPL 250 calls from .86 at .
Posted: Wed Apr 14, 2010 10:05 am
Buying Swing: covering short on AAPL 250 calls from .86 at .25 71% Profit. With the sales of the ipad toping 500k in the first week and the company being unable to keep up with demand , this success could lead AAPL to pass 250 before expiration so here taking a smaller profit than expected on PALM calls short to avoid something unfortunate like what happened on the GOOG calls short .it seams the economic recovery is stronger than most expected so best to not fight the tape and am looking for new bullish opportunities now that we can continue leaving that 11k dow behind us for if financials and tech continue with Es like what we saw yesterday and today then this bull market has but just put on its running sneakers.