Recent content by phil21

A small long strangle may work then... just annoying that AAPL keeps going up to earnings today also Pre market. Still need to hedge a little...

Yes perhaps but then again they can always surprise plus the stock is up 13 percent year to date so there is still momentum to run up to 400 and stay there for a while like AAPl has done in the past. I agree nonetheless that exceptions are very high and they will need to blow past the...

I'm sure most traders are excited in anticipation for tuesday's earnings... AAPL just broke it's 50 MA and is clearly heading in the 400$ range. We all saw what happened with GOOG on friday.. Can AAPL deliver the same results? Strategies? Strangle or just buy calls after the new positive...