Taking Apple (AAPL) short

So you're down $20/share.

Can you post your Captain Obvious picture?

 

apple is what homebuilders were in 2005/2006

 

The shares closed the week under $370 before you authored this thread. $408 last.

You really, truly suck at life, michaelscott. Clown shoes.

 

I actually made a few dollars buying Oct14 410 puts the other day expecting gap to close. I traded it 3xs and got lucky. However now I have a backspread long at 405/410

It just seems that the 4Q is not a time to short the strongest performing tech stock. It could have a sell-off in October, but so far it sure doesn't look like there is much reward on a short vs. risk.

Put options (backspread) is different story.

 

417 now - Glad I stayed long, although I don't have a crystal ball to guess where it will go from here.

But staying long for a while more.

 

The high is 422.86. Have a chance to break it today. Earnings is Tuesday. If it's blowout, we could be seeing north of 440.

 

I will continue to add to my short position as the market rises.

 

You're retaildaytrader, right? michaelscott? You've yet to mention a fill, but it looks like you're down 45 handles.

Mods, time to visit chit-chat with this thread.

 

I think I can. I think I can. 422. 422. All time high. All time High.

Highs are like magnets. Price gets drawn to it.

 

He's only down 52 handles.

Speaking of handles... they're like assholes; everybody has one. RDT will just abandon this handle and start fresh.