Buying Swing: adding AAPL 250 Aug puts at 1.60-.65 OVERSIZED
Posted: Thu Aug 19, 2010 12:42 pm
Buying Swing: adding AAPL 250 Aug puts at 1.60-.65 OVERSIZED These puts moved as high as 2.44 today and then bounced so am using this bounce to further accumulate to these very volatile tomorrow expiring puts, am up to a 2X OVERSIZED stake now with initial entry at 1.17 earlier. The market has tended to follow a direction with no real deviations as of late and am betting on this staying so as todays direction was set bearish , am betting against a bounce.