all observations are welcome - always like to hear diff views. The gap from Friday is suspicious, IF I wasn't so afraid of this stocks upward momentum last week or so, would have added more puts at 426. But maybe it actually does hit 450 up from 370 a few days ago. Maybe the bubble is back.
QQQ puts is the way to play AAPL earnings. You have to think outside the box. http://www.elitetrader.com/vb/showthread.php?s=&threadid=228675&perpage=20&pagenumber=1 ---
Seems like everyone is bullish AAPL. When the boat gets weighted to one side, it sinks. We shall see soon.
IF you held your position and are closing it AH I will buy you dinner in Chicago. I bought ONE Nov put just for the H of it. Be interesting to see if it makes me anything tomorrow as AAPL just now went from 392 to 405 in 20 seconds.
going back into the early 90s I never wanted to play earnings Just doesn't fit with my personality and emotions. But in this case I should have figured that most people expected' up side and here it is at 399 AH; guess I should have figured that. But how could you gamble that it would not first pop and then sell off. That is what I thought would happen; gaps higher and then sold hard.
There goes the friday gap :eek: Didn't check all details but the guidance looks good. Glad I sold 100shares @425.80 before the earning but still holding 200 - and some NQ plus QQQ. Planning to hold for a few months