Buying Swing: adding AAPL 280 and 290 August calls at 1.66 a
Posted: Tue Jul 27, 2010 12:22 pm
Buying Swing: adding AAPL 280 and 290 August calls at 1.66 and .60 respectively and weekly 270 at .40 area. Made this trade earlier but as I send this out all options expect the weeklies are at the same areas. this brings up the holdings on the august calls to 2x oversized each and as I have mentioned in previous emails last week, this is the most bullish larger multi month setup I have seen since last February on AAPL. If the market is willing we should see a sip today as 260 is finally passed with nothing holding us back till 270 is reached and quite possibly intraday hence the weekly calls entry with 3days till expiery.