That's true, but I would rather keep averaging down on my calls instead of trying to guess the bottom. it could pop anytime.
but yes, what you said is ideal and no one has a crystal ball, all of this is just my own opinion.
-- Last quarter, they put out rumors of slow ipad sales and decreasing number of sales from AT&T and Verizon before the earnings. Stock tanked a little bit before it did a 20+ pop.
AAPL earnings last quarter was my first big winning options trade. And I remember the bad news. I knew it was all noise.
I see a similar chain of events this time, and I do want to play AAPL on the short side at least for now. but it's so hard to short AAPL, there's too many permabulls!