.adding swing UAUA OVERSIZED at 4.05-.07 . This is a very ag
Posted: Wed Jul 29, 2009 10:57 am
.adding swing UAUA OVERSIZED at 4.05-.07 . This is a very aggressive add Im doing here but after the crude inventories surprised not by a lessening but a gain in inventories the decision to in one buy double the already oversized stock stake in UAUA from 3.50 here at 4.05 was a no-brainer. This is definitely a hugely bearish for oil and intern hugely bullish thing for airlines. $-) According to my strategy a stock position is 5 times the money allocation of a options stake of equivalence so with a 2X oversized stake I am now strongly positioned in her.