Page 1 of 1

Buying Swing: covering short APVWS at .21 area AAPL 195 Nov

Posted: Tue Nov 17, 2009 11:06 am
by MMASSASSIN
Buying Swing: covering short APVWS at .21 area AAPL 195 Nov Puts [ BUYING TO CLOSE ] After boxing in the position at .40 now reemerging from the box at half that level on the puts. Im betting on a market wide pull back with 1 week till expiration. there is obvious risk with premium slipping away quickly , my target on this one is simply .35-.40 on a strong leg down on AAPL.