Most def. Just checking the options volume for the heck of it. I hear you though. One of the main reasons why I missed this last huge run is because back in late August/early September, there was absolute insane put buying going on for like 6 or 8 straight trading days on the the NDX and QQQQ's in particular. I couldnt believe it & thought for sure the market couldnt go higher & was heading for a head fake with the VIX being so low and all these ass clowns on tv coming out of the wood work pumping the markets. I am a swing trader, so for me, it takes a bit more time and strategy to get good quality entry points. I use stops also, which can even create more potential obstacles for missing runs. I got stopped out of Apple like three times and look at it now. Why would I possibliy buy it at $90 now when I had it in the high $50's? For my strategy the risk/reward here doesnt make sense. I am very interested in QCOM at these levels though for sure. You are right, you have to take those prints for what they are worth. Its all relative to a particular strategy.
this is phenomenal that in this market a former bubble-poster-child is languishing; are the fundamental issues and legal concerns really enough to stop the rising tide at QCOM's doorstep?! i got out of ntes in the 15s where fundamental and political questions abound (even though i felt it would go higher) and it goes up almost 18% in a week+ while this pos is back in the 37s with no traction (which i held since i felt it was more sure and safe!) sickening!
Did anyone else see that print in pre market at 8:57am for 2,100,000 shares? Yes 2,100,000 shares. Or am I getting bad data?
OK >> i say "uncle"! F this pos. closed front month 3750c thinking it HAD to at least trade to 40! It still might. But i knew if we corrected QCOM could not hold up. But i "hoped" maybe it would get some money coming in if we sold off in some bubble equities!