Just opened the following trade AAPL earnings position with QQQ puts Buy 1 QQQ Oct22 58.00 put @ $0.6414 http://finance.yahoo.com/q?s=QQQ111022P00058000 To compare the QQQ trade with an AAPL trade the AAPL 420 put is $8.90. The QQQ options have done better than AAPL options during the last two AAPL earnings.
If intel and yahoo beat earnings apple will have nooooooooooo problem beating earnings by a mile, apple going to $450+ after they announce earnings... They are easily going to have 20 million iPhones sold for the quarter! You thought today was a huge up day in the markets, wait till tomorrow! Apple gives you free money, buy now under $424 and sell in 15 mins above $450! Free free free free $$$$$$$$$
The real problem is that Forex might be right on AAPL but may not get the satisfaction because of INTC and YHOO. Not that it wasn't a worthwhile shot. Last time it paid off well.
WTF!!!!! Apple misses 7.05 vs 7.31 only 17 million iphones sold?? Wow I'm actually reall surprised by this news! Missed pretty badly!!! Of course the excuse of less iphone sales is going to be because people were waiting for the iphone 4s... Whisper # was 7.60 wheewwwww huge fu$king miss!
The last 3 or 4 calls i've seen s2007s make on these boards have done the exact opposite, now if only he could figure that out and profit from it..