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Buying Swing: buying AAPL 340 weekly calls at .76 OVERSIZED

Posted: Mon Jun 27, 2011 12:18 pm
by MMASSASSIN
Buying Swing: buying AAPL 340 weekly calls at .76 OVERSIZED as I send this out she is down to .66 bid, but still like her. AAPL passed the day highs and is showing great momentum, our entry earlier today on AAPL 335 weekly calls at 1.65 that felt like a chase then are now 2.07 and the shorts on puts we positioned are losing premium fast to help finance these longs.

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 !!