Buying Swing: buying AAPL 360 weekly calls at 1.10 area and
Posted: Mon Feb 28, 2011 2:29 pm
Buying Swing: buying AAPL 360 weekly calls at 1.10 area and AAPL 355 weekly calls at 2.55-.70 area and shorting AAPL 350 weekly puts at 3.00-2.90 area. Plus adding GLD 136 weekly puts at .30-.35 area all of them OVERSIZED this is a very bullish 3 sided position on AAPL as we have the event on Wednesday and with AAPL as low as she has been pulled back as of late she has been waiting for a catalyst to bring her to 370s so still hold the 370 monthly calls from last week swell. Also the one bearish gold position as mentioned last friday am very bearish gold and OIL and believe todays move3s up in gold and OIL were long traps.