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buying swing +UPYSK at .35-.40 OVERSIZED puts 11 strike

Posted: Wed Jun 24, 2009 3:29 pm
by MMASSASSIN
.buying swing +UPYSK at .35-.40 OVERSIZED puts 11 strike July As a market hedge after positioning on AAPL calls I am here choosing to hedge the position in the very extended PALM trough puts with a equal money allocation, the market is looking very bearish and may very well accumulate to this position in the future to slant my holdings bearishly if multiday direction goes negative.