Friday on Options Action I officially closed out of my AAPL Sept Call Spread Risk Reversal that I suggested buying on the site (here) when the stock was $360 and on the show July 15th, …
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Update – July 20th AAPL ($392.50) opened up 4.5% after trading above $400 last night for the first time ever. The trade structure I recommended on Friday for .50 (when the stock was $360) is …
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I have tried to stick to my guns (bearish ones), continually poking holes in the the short run bull case for equities but it is becoming increasingly hard in the face of some of the …
Continue readingUpdate – July 18th Since suggesting AAPL trade on Friday afternoon the stock is up a 2%…the rally is getting increasing long in the tooth as we head into the earnings event tomorrow. Stock’s action …
Continue readingI suggested this structure for nervous AAPL longs as a sort of “sell in May and go away”…..this structure could have been put on for little to no cost against a long position and it …
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Market did the unthinkable yesterday, it rallied without AAPL and generally did it with a level of confidence, after a shaky start, on the usual concerns about a Greek bailout…..
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Well, some things are predictable. Death, taxes and snap-back rallies from an oversold condition……and that’s exactly what we got yesterday. I have been trimming shorts in anticipation of this with the notion to put them …
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Thursday’s close marked the first positive day for the SPX in the month of June, with one caveat though, on relatively low volume….The index is down almost 6% from it’s …
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Some updates on some outstanding trades mentioned on Risk Reversal
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AAPL‘s holds its annual World Wide Developers Conference today. Last week they announced that Steve Jobs will give the keynote and that they will announce iCloud service. This morning in a note to clients JP …
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