Buying Swing: adding AAPL 330 weekly calls at .90 OVERSIZED
Posted: Wed Jun 22, 2011 1:00 pm
Buying Swing: adding AAPL 330 weekly calls at .90 OVERSIZED, this is the very last add. The accumulation begun on friday at 1.47 and it was down for the whole week, then we added yesterday at .90 and today at 1.20 and now this last and final add at .90 again. We are now more than hedged against sideways action with the short on 320 puts, am betting on 330 being passed intraday today. this is high risk but I am feeling very bullish on AAPL today . Am watching also NFLX closely and am considering going bearish NFLX and this can serve as a hedge , for NFLX has shown a great deal of weakness today.
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!