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Old 05-21-2009, 04:50 PM
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Join Date: Aug 2008
Location: Miami beach
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Default .selling swing +QAARB 1/2 at 1.14-1.10 area OVERSIZED AAPL 110 strike Puts at 52% profit

.selling swing +QAARB 1/2 at 1.14-1.10 area OVERSIZED AAPL 110 strike Puts at 52% profit. Im locking in some profits on this 3x oversized stake brining me down to a 1.5X oversized stake, the strategy being to protect profits on my largest options stake as the market starts building here but if AAPL again moves to test day lows I will not hesitate to re accumulate the full options amount lower. Big smiles on the bullish positioning on DRYS today $-) . im steadily moving into a more bullish stance though the BAC calls were ill timed today $-(. the overall strategy is being bolstered by the stock stake today vs the options positions.
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