I am only playing the options as well, took a far out straddle position execting a significant move in either direction but was very surprised with the outcome following the meeting. I really expected at least a 20 pont move in either direction and placed my bets as such.
I know your opinion is to see it fall precipitously within the next week or two, and I have read elsewhere others believing your same viewpoint, mostly based on the historical events in the charts.
My gut says we are going steadily higher and even moreso exponentially when the I-Pas3 in released in early March. So many loyal Apple buyers chomping at the bit to have one.
I did bet more calls than puts, and if my gut is right, my April 600's will look mighty pretty compared to my fewer March 450 puts.
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