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.adding swing +UPYSC at .50-.55 sized PALM 15 july puts . He

Posted: Thu Jul 02, 2009 3:26 pm
by MMASSASSIN
.adding swing +UPYSC at .50-.55 sized PALM 15 july puts . Here the strategy is to accumulate a bearish stake on PALM with this now 3X OVERSIZED holding, and the markets now that these puts are unboxed into the long weekend. Am also looking to take a loss on the AAPL +APGJ day trade and considering boxing in the AAPL calls into the long weekend but if i do not then these puts should serve as a good hedge . also watching FAZ closely for a stock position before the close.