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Buying Swing: adding AAPL 270 calls at 1.02 and 1.05 2X OVER

Posted: Tue Jul 20, 2010 2:26 pm
by MMASSASSIN
Buying Swing: adding AAPL 270 calls at 1.02 and 1.05 2X OVERSIZED for a day trade. This is the second add not the 270 calls and this position is definitely intended to be a day trade for premium should gain into the close as am expecting a final push up before the earnings. So far the 2x oversized short on the 240 puts is working out well a position that is also ment to be locked in before the close, if the short on 240 yields over 50% profit before the close then my intent will be to hold perhaps less but definitely not more than 1x oversized 270 calls overnight into the earnings with the rest of the 270 calls sold before close and interim without any risk due to the gain on puts.