.buying swing +RFYVM at .24 and shorting swing +RFYJN at .73
Posted: Mon Oct 12, 2009 12:58 pm
.buying swing +RFYVM at .24 and shorting swing +RFYJN at .73 OVERSIZED both. (+RFYVM = 65 Oct PUTS and +RFYJN 70 oct calls in RIMM) I am here moving into a strong bearish stance in RIMM as i believe that the 65 magnet on rim can here take hold. This week options should control all the moves of the big caps and I think the 70 calls are to be hurt as the 75s were last week. Both of these positions are high risk and need protection if we hold hem overnight.