Buying Swing: adding AAPL 260 calls at .69 area 2X OVERSIZED
Posted: Thu Jul 29, 2010 12:34 pm
Buying Swing: adding AAPL 260 calls at .69 area 2X OVERSIZED in an attempt to make back the losses on the 260 puts earlier today. The position is twice my usual largest signal entry. Historically for the last 3 years any time AAPL hits the 50 DMA it terns out to have been a buying opportunity. This is only intended to be a day trade with mental stops at .58 day lows.