Page 1 of 1

Buying Swing: adding swing AAPL 260 weekly calls at .30-.35

Posted: Tue Jul 06, 2010 2:34 pm
by MMASSASSIN
Buying Swing: adding swing AAPL 260 weekly calls at .30-.35 2X OVERSIZED, expiring this week. AAPL covered the full gap not only wiping out what was strong gains but bringing her down more than 50% from initial entry. Am here doing one last entry bullishly because even though we mentioned at the room that 250.00 had to be held, I was tied up at the time and did not follow trough with a puts position there to benefit intraday nor exit the existing position. Multiday on my formulas remains bullish this brings up the money allocation to a 4X oversized stake doubling the money allocation in her with what is twice my average signal entry on an option.