Aapl

no worries - and i did see that you were out of the trade.

im only a few years out of school (27) and i'm still learning too.

-kk

 

Should be a volatility catalyst either way - IV dropped 15% pts making this a good strangle if you got in today

 

http://www.primezone.com/newsroom/news.html?d=103348

 

I'm surprised by that IV drop. I noticed this -- doesn't make any sense. It seems now more than ever there is more potential 'explosiveness' either direction. Premiums should be going up, not down.

 

yes, it was about 37% yesterday, could still get in at about 40% today (vs the latest hi of about 52%) so there was still room this a.m.

 

up we go....




note: jobs leaked financial numbers at the wwdc keynote 20 minute ago...

 

what kind of numbers?
aapl's hitting a rough patch about now

 

http://live.appleinsider.com/



scroll to the bottom.


rough patch? heh.

 

08/07 10:30am ....making fun of Microsoft (Redmond) - kasper
08/07 10:28am Still making fun of how Vista is a carbon copy of Tiger... - kasper
08/07 10:29am Crowd gets their jollies - kasper

 

the pain the past few days... ugh.


i would really like to see those programs sitting around 64.50 to be taken out to the upside.....