Only Apple

Any thoughts on the price action for the next couple of days? It looks as though AAPL will go slightly higher for a day or two (Wed.and Thrs.). This will probably be a short term top followed by a pullback, but I do not hold to this projection or any other projection for that matter.

 

AAPL will accelerate and zoom to 650. Short and simple.

 

I have my biggest position to date (ever) in AAPL APR20 options. I am neutral to ~624 on the shares. The term-structure will blow-out in APR/MAY as well.

 

I am sorry you lost me. What do you mean by "The term-structure will blow-out in APR/MAY as well?"

 

What are you basing this on?

 

endless supply of greater fools?

 

you saw the top today for this week, its going to trade down for the long weekend. remember this have weeklies, the price action will be stagnant.

 

My biggest position as well.
But I am the 600 line and 630 lines (600 was ATM at the time)

 

Neutral to 620 now. Long gamma?

 

atticus you long the apr fly?