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Buying Swing: buying AAPL 260 Aug calls at .28 OVERSIZED thi

Posted: Mon Aug 16, 2010 12:25 pm
by MMASSASSIN
Buying Swing: buying AAPL 260 Aug calls at .28 OVERSIZED this is high high risk calls here this close to expiration and so far out of the money. It is meant to serve as a partial hedge on RIMM puts if market was to bounce for I see more reason for AAPL to gain than RIMM. Have no intent of holding the AAPL calls overnight. Am watching the RIMM 52.50 calls if the tide shifts.