Page 1 of 1

.buying swing +FAYGF OVERSIZED at .30 FAZ 6 strike July CALL

Posted: Mon Jun 22, 2009 10:52 am
by MMASSASSIN
.buying swing +FAYGF OVERSIZED at .30 FAZ 6 strike July CALLS . Now that options expiration week is behind us the market is choosing a direction, I believe as I said pre market that we could easily se 200 point plus negative dow move today but also a bearish tone is being set now short term that may last multiweek. I am starting my bearish stance with FAZ initial entery and also watching RIMM closely the +RFYSL 60 strike PUTS.