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Buying Swing: adding AAPL july 260 calls at .95 OVERSIZED br

Posted: Wed Jul 14, 2010 12:47 pm
by MMASSASSIN
Buying Swing: adding AAPL july 260 calls at .95 OVERSIZED bringing up the stake to 3x oversized. the volatility on these calls this close to expiration is huge , just an hour ago they hit a high of 1.40, the reason I did not lock in profits but instead waited to add here was due to multiday buy signals setting up on my formulas. If this clears then we could by either the close or tomorrow pass 260s to bring the calls in the money, fueled by short covering and puts selling.