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01/15/13 12:01 PM

#41555 RE: Leeebz #41553

Hiya leeebz, welcome to ATM it's nice to hear from you. I personally do not like AAPL options due to the huge cost built into them. It is very hard to hold a option with a lot of cost built in for any real length of time due to price decay and time decay. But if I were going to play I'd be watching for some sort of reversal right around that bottom support line on my chart. Once I felt the support level was going to hold I'd be looking to enter. As far as a strike price that's where aapl is so darn tricky with all that built in cost.

I'm one that's in the aapl will beat earnings camp but the big boys are taking her down right now. With all the negative news I'm reading on aapl makes me think the bottom is close to being in but would wait for chart to confirm.

Have you watched the chart learning videos in our ibox?