I really am bullish on AAPL after I've seen a wave #5 completion on the daily chart. So I just took another AAPL trade but gave us a bit of time for it to develop.
Looking at the daily there is an obvious gap that should be filled. That target is $519. There is also a second gap located around $541. I went out to Feb for our next trade.
Buy 4 AAPL $515/$520 Call Spread @ $1.95.
It looks like a nice risk/reward type of trade and that's more in line of what we're trying to do here. I will update our iBox at the end of the day to reflect all the action.
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