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steeeve46350

03/10/12 4:53 PM

#87342 RE: MNYC #87341

One would think it's dangerous, but many have been saying for a while that Apple would have a major pullback. I have seen many of my puts expire worthless because right when I think the RSI is so overbought and in need of a correction, AAPL shoots up another 3-5%. I'm happy I have long calls that I'm making money with and wondering if I should just focus on that and forget the weekly puts for a while. AAPL seems to be defying all chart logic currently. Now since I don't plan on opening puts, it'll drop 10% ;)
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hdsstocks

03/10/12 10:14 PM

#87345 RE: MNYC #87341

$500 soon IMO or lower