Buying Swing: adding AAPL Aug 280 calls at .80 . As mentione
Posted: Mon Aug 02, 2010 10:21 am
Buying Swing: adding AAPL Aug 280 calls at .80 . As mentioned on the posts friday today was to be a point where the market multiday pull back and AAPL not to forget extraordinary earnings has not had the follow trough that was mandated. So there is a tremendous amount of positive pressure and as I have mentioned in the past this is the most bullish setup I have seen in AAPL since Feb. Mind you this is an add to a position entered into few weeks ago meant to bring down the average significantly and brings up the holding to a 3X oversized holding.