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Buying Swing: buying back the 3/4 APVLT at 1.75-2.00 OVERSIZ

Posted: Fri Dec 11, 2009 10:08 am
by MMASSASSIN
Buying Swing: buying back the 3/4 APVLT at 1.75-2.00 OVERSIZED AAPL 200 Dec. HIGH RISK Am reentering the same options that last time gave us 100% profit hen we exited yesterday at 2.45 , here reentering them lower at 1.90. This brings back the position to a full 3X OVERSIZED highly aggressive considering they are out of the money and but a week before expiration. very high risk and high high reward potential. mental stop 1.50 to somewhat control risk.