Taking Apple (AAPL) short

Discussion in 'Stocks' started by chaosclarity, Oct 9, 2011.

  1. We are sinking, we are sinking. Bought 395, looking to buy 390(wish i had stink bid in but did not) as well to cover my 405 weekly puts. Cannot believe it did not sink 10%+, maybe tomorrow but I will not risk it with AAPL.
     
    #71     Oct 18, 2011
  2. Buy puts, your risk is defined. That is the only way IMO.
     
    #72     Oct 18, 2011
  3. just saw this post. you already did!
     
    #73     Oct 18, 2011
  4. Are you familiar with the implied volty and the premium behavior before and after earnings? There is one sure thing that would happen after earnings: a fall in volty. I would have established a butterflies at the strike you think it would go to, instead of the put, if I had to play options.
     
    #74     Oct 18, 2011
  5. lwlee

    lwlee

    Andy Zaky's usual excellent analysis.
    Why Apple's big miss doesn't matter

    Apple currently recovering at $402. Was down to around $390-395 during shakeout yesterday.

    Important thing to note was that they raised guidance for this quarter. Apple should be back up there after strong holiday season.
     
    #75     Oct 19, 2011
  6. you are correct. I am trying to guesstimate what price it will open at. I also sold Oct21 405p against (@463)and may or may not have to repair

    Also sold (2) AAPL Oct 435c (@565)... now I expect to be able to enter +Nov calls after I get a feel for what prices aapl will likely trade at next 3-8 days

    Do you think I should enter Nov calls today or wait until it after expiry. AAPL "could" still see 435 Friday (hoping to close at or near open) lol

    Thanks for the input.
     
    #76     Oct 19, 2011
  7. GordonTheGekko

    GordonTheGekko Guest

    Morons thinking it would be a good idea to delay the iPhone 4S...
     
    #77     Oct 19, 2011
  8. alright


    +Nov 410c
    +Oct 410c
    - Oct 405c
    - Oct 405p
    +Nov 400p
     
    #78     Oct 19, 2011
  9. AAPl

    this has to be the best trading stock ever

    why the H am I bothering with any other

    this is an ATM machine. I just wasted 5 months since I returned not trading it; then again I find you do better when you really get to know an underlying (stock's) personality-

    agreed?
     
    #79     Oct 19, 2011