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Buying Swing: adding AAPL 335 weekly calls at 2.00 area OVE

Posted: Wed Jun 29, 2011 10:32 am
by MMASSASSIN
Buying Swing: adding AAPL 335 weekly calls at 2.00 area OVERSIZED and covering short on AAPL 340 weekly puts at .55 area from .79. Am here locking in some small profits on the short that was a hedge overnight and accumulating further bullishly. Am considering going long AAPL 340 calls next if we continue building. After the Greece news we have seen a pull back, but think this news is to big and that it should lead to a intraday market wide rally as long as the demonstrations on the streets of Greece don't get to out of hand and don't claim lives.

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 !!