Taking Apple (AAPL) short

Quote from Redneck:

IM1

Yes I based my observation – that all but one gap has been filled – from its chart

My opinion means crap – I don’t know if or when it/ they will close

But Friday's gap is suspect to me

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You are correct about gaps filling


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I’m not gonna sit here and BS you

Could it go higher – yes
Could it go lower – yes
Could it go in a range – yes

I don’t know, nor will I speculate… I simply shared an observation Sir

RN

all observations are welcome - always like to hear diff views.

The gap from Friday is suspicious, IF I wasn't so afraid of this stocks upward momentum last week or so, would have added more puts at 426. But maybe it actually does hit 450 up from 370 a few days ago. Maybe the bubble is back.
 
Quote from iceman1:

all observations are welcome - always like to hear diff views.

The gap from Friday is suspicious, IF I wasn't so afraid of this stocks upward momentum last week or so, would have added more puts at 426. But maybe it actually does hit 450 up from 370 a few days ago. Maybe the bubble is back.

maybe aapl trades to 450, maybe.
 
Quote from chaosclarity:

The last few days I was thinking that Apple would be a fantastic buy then when I saw Tim Cook get on stage I had second thoughts. Tim Cook is no Steve Jobs and the market confirmed my opinion as Apple went down 2%.

I know and fully understand the respect of Apple and Steve Jobs, however, as an investor/trader I have to do whats right in regards to my accounts. In this case, taking the common stock of the company short is the right thing to do. Only a relatively small number of contrarian investors will understand my logic. While the rest of the investors are trapped inside "The Matrix", by their own choice, and have no hope of escape, blinded by their own delusions.

IF you held your position and are closing it AH I will buy you dinner in Chicago. I bought ONE Nov put just for the H of it. Be interesting to see if it makes me anything tomorrow as AAPL just now went from 392 to 405 in 20 seconds.
 
Quote from mastacoli71:

Seems like everyone is bullish AAPL. When the boat gets weighted to one side, it sinks. We shall see soon.

going back into the early 90s I never wanted to play earnings Just doesn't fit with my personality and emotions.

But in this case I should have figured that most people expected' up side and here it is at 399 AH; guess I should have figured that. But how could you gamble that it would not first pop and then sell off. That is what I thought would happen; gaps higher and then sold hard.
 
There goes the friday gap :eek:

Didn't check all details but the guidance looks good. Glad I sold 100shares @425.80 before the earning but still holding 200 - and some NQ plus QQQ.

Planning to hold for a few months
 
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