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FinancialAdvisor

07/15/13 5:14 PM

#99636 RE: Steve Nix #99630

Yeah as you can see, a lot of value was lost today on the 440 call, and I expect volatility to continue on it the rest of the week. Max pain this week on OE is at 435. I was hoping it'd shoot up to that by Wednesday and I should be able to lock in a small gain.

I think with yours, you'll be OK as I expect AAPL to retrace back over $500 within the next 3 or 4 months.