In the Apple stock AAPL, i see that they are rising 2% a day. that's over $10billion increase in market cap in ONE DAY. Apple's revenue was only $35billion in 90 days. It's market cap is growing faster than it's revenue growth. Isn't that a sign that the Bears are gonna take it down soon? with Options?
In 5 days it has risen from $574 to $610. that's $36 a share. almost 6% of the entire stock 6% of $540billion is $32.4billion. Do you see what i mean?
I just bought 5 put options on AAPL with a strike price of $585 and the asking price at $4.30
I'm not gonna lie, i'm nervous about my position. But i do know for a fact that the Downtrend will start soon