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Buying Swing: buying as a hedge here GOOG 530 weekly puts 2X

Posted: Wed Oct 06, 2010 2:30 pm
by MMASSASSIN
Buying Swing: buying as a hedge here GOOG 530 weekly puts 2X oversized at 3.80 area this will be a hedge on the AAPL naked calls short for WSJ is reporting on the release of the iphone on Verizon to happen in the beginning of 2011 but bear in mind it is not yet confirmed from VZ or AAPL for they would not confirm something like this before holiday sales for it would slow down there holiday quarter, wish to enter these before the close. I meant GOOG since GOOG would fall if this was confirmed as competitor to here goo sells all its phones now with Verizon monopoly.Every country where AAPL competes with GOOG on the same carrier the GOOG sales are anemic.