Woulda looked a lot nicer with the 50% I'd be staring down had I kept $140 June call open over the weekend. That said, having done that would have been way too given this is an outsized position for my portfolio. Safe for a day trade with a stop, not for a weekend gap down. We are at my target price...thinking about putting a stop on this one. Edit: Or, for that matter, would have looked good from my desk rather than my bed with the phone!!! Imagine how fucking stupid I feel for using a limit of 4.75 rather than paying the whole spread with a market order.
"...deep breaths, Beery, deep breaths. Every winner is a winner." Put a stop in place on this one...quite tight in case we get the turnaround today...hoping it survives till 3:45--I'll lift the stop at that point, and let it ride overnight.
Buy Tesla and Netflix? Ways Apple could spend its $250B in cash Apple is sitting on more than $250 billion in cash. So how should it spend all that dough? To put some perspective on Apple's cash stash, the Cupertino-based company's reserves are larger than the gross domestic product of 147 countries. While the company likely isn't looking to set up its own island nation, it might be looking at a fewacquisition targetsas it moves past peak iPhone sales.(Silicon Valley Business Journal)
I've got resting limit orders in to sell AAPL longs at 160. Just look at the chart on the monthly time-frame.
Why have resting limit orders, why not sell when the market tells you to. It could go to 200 without stalling.
The bears are making a timid approach on this one. Bulls aren't responding in force. Looking like a good setup for a head and shoulders turnaround.