Buying Swing: AAPL 260 today expiring puts at .45 2X OVERSIZ
Posted: Fri Aug 06, 2010 10:24 am
Buying Swing: AAPL 260 today expiring puts at .45 2X OVERSIZED VERY HIGH RISK, The reason for the aggressive position is to further help erase the total loss on 290 calls plus todays economic data was very bad and am taking a very bearish across the boar positions today. If she bounced I would add at .30 area so yes very high risk. This is ofcorse a day trade and will play by ear Am also watching AMZN to accumulate to the 120 Aug puts.