AAPL

Yup. I'll be watching Monday to open a new position...hopefully around the 148.50 mark.

 

Did you stay open over the weekend?

 

+1

 

Yes, still long AAPL and short FB.

 

I gotta ask.... why would you short Facebook?

 

Poor earnings and just barely hanging on at $150. I have a short call against my investment position.

 

Poor earnings? What made the earnings poor? Quality, growth, growth forecast...?

 

The same reason the market is shorting it.

The target is 147 so it's not like I'm long term bearish the stock or anything.

http://www.cnbc.com/2017/05/03/facebook-q1-2017-earnings-reaction-easy-mobile-growth-days-over.html

 

Tone here still bullish with strong 2-3 day accumulation pattern. Friday close at the high exactly what bulls want to see...

 

I did pick this one back up this morning...but didn't think I'd need my computer for a fast market. Did it on the phone.

Left 0.40 on the table before my order (May 19 145 call) filled with a market order at 5.19.

Still a very good winner so far.