Buying Swing: adding AAPL 280 July calls at 3.50-.65 OVERSIZ
Posted: Mon Jun 28, 2010 10:26 am
Buying Swing: adding AAPL 280 July calls at 3.50-.65 OVERSIZED and AAPL 310 July calls at .40. This brings up the overall stake on the 20 calls to a 3X oversized stake with the initial stakes at 3.00 weeks back. the numbers came out for the sales of iphone after its first 3 days and it totaled over 1.7 million well above any expectations event the most bullish once out there. The 310 calls are significantly higher risk and I was down dramatically from .79 initial entry. Am here doubling down the money allocation on the 310 calls with the intent to make losses back and am not looking to see these calls in the money before expiration.