Apollo Group Inc. Message Board

No, I just don't understand your statement about buying puts and calls...

Not short now. I am scared of buying APOL over $60 at all. I sold my JULY 60 calls, need proof? I need to bet for my profit.

"I am going to buy puts/calls."

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Buying puts and calls makes no sense unless you expect a big move but have no idea what direction it will be in.

This might be a reasonable strategy going into earnings.

But you sound like the typical short to me. This buy everything presents the idea that you are making this up as you go...

I was long on July 60 calls got $3.30. Sold all on this pump. I am going to buy puts/calls. I see this fairly valued around 60, and buying under 56-57.

Who are you kidding? The past 3 weeks have seen up days on higher volume and down days on lower volume. Combine this with the action in STRA (hit a 4-month high today) and ESI (hit a 3-week high today) and it's pretty clear that APOL is going higher, not lower.

You must be the high volume pump...