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Buying Swing: adding UALXM at .35 OVERSIZED UAUA 11 Dec Call

Posted: Tue Dec 15, 2009 1:02 pm
by MMASSASSIN
Buying Swing: adding UALXM at .35 OVERSIZED UAUA 11 Dec Calls . This is both a hedge on the AAPL 200 calls as a market hedge as a market retrasement mentioned at open to last multiday now looks more likely, pls. the sheer volatility a strong move down here would give these UAUA puts. If she was to lose the day lows I would add one last time to these puts to make the position 3X oversized, currently 2X now.