Buying Swing: buying AAPL july 260 calls at .84 OVERSIZED an
Posted: Tue Jul 13, 2010 12:49 pm
Buying Swing: buying AAPL july 260 calls at .84 OVERSIZED and at 1.01-.05 area OVERSIZED, this is close to expiery and out of the money. Am using the silly rumors of recall as a buying opportunity to position in the 260 calls as a possible day trade to 2 day play. on my formulas a significant intraday positive is here on the verge of clearing. The reason for 2 entries is I first positioned at 1.01 area and as she pulled back towards levels where I initially wanted in I accumulated a second stake so my exposure on these well out of the money calls is now 2x oversized already