Probably because not many people bought it on the left side of that chart, they have all gotten in at what some may say are the highs. And that fact that AAPL is now an index to many people like the SPX and DOW. So when it turns bearish short-term, so goes the market. That's my theory, anyway...
exactly. aapl has too much weight in the NQ index/S&p 500. it should have 10:1 split, greatly reduce the volitility it creates. you do not need trade others, just AAPL option is good enough.
That's where the Time Factor comes in. One could have bought in at any of the Higher Highs and still made lots of money, if one held on and didn't panic during each of those "End of the World" pullbacks to Higher Lows. The buyers at 644 will also make money, as long as they keep their "faith" in the Long Term Trend. None of this is easy of course. And trying to time the short term dips is really difficult, and has lead to many a nervous breakdown....
whatever earning it delivers, my bet is it will sink. the gravity law, anything crzay enough a while will be cooled down and then forgotten. you can buy some QQQ put/call to play AAPL earning. AAPL option is too expensive this moment, just right for day trading, earning play is not good. I will not play the earning, that is not good gamble.
I bought 650 call and made money. if you divide 644/10, just 64.4, or divide it with 100, just 6.44, a 10 buck drop or 1 buck drop in a penny stock. of course who the idiot to buy so high in the thrust, obviously too greedy or too earger to make money
What are your thoughts? Or are you just trying to get information from everyone else without sharing anything in return?
Glad you made some $ from AAPL. Hope I can do the same. Have several Spreads expiring in July, August, October, and January - Strikes are from 500 to 660. So currently behind in some and ahead in others. Is there enough Time for AAPL to go back up and make each trade a winner? We'll see.