Buying Swing: buying IMAC stock LARGE at 17.04 and AAPL 300
Posted: Thu Sep 30, 2010 10:35 am
Buying Swing: buying IMAC stock LARGE at 17.04 and AAPL 300 weekly tomorrow expiring at .06-.07 area medium. The 300 tomorrow expire calls are 1/3 the money allocation of a oversized stake so buying a little bit for incase AAPL pops passed 290 then these calls can easily pop to about .50 if momentum is wiling. This add on IMAX brings up the position to a oversized stock exposure , and for my discipline a stock position is 5 times the money allocation of an equivalent option position.