hey 2001,wait till next monday, begining of the new month,see if it stabalizes! watch the daily/weekly/monthly charts,so far 4 straight months down,with long red candles, some how people just aren't paying attention to the charts, thats telling you the Big $ guys are unloading, not the retail guys, when the institutions stop selling you buy? be patient! jmo
Sell a naked put at a price you are willing to buy AAPL at. Make sure you want to own it at that price. You collect a premium on that put trade. If AAPL runs up, you collect that premium and the stock won't be put to you. However, if it drops to that put price, welcome new AAPL investor. 1 contract = 100 shares. Do you have at least 44K cash or margin buying power based on fridays closing price? If not, this option trade won't work for you.
this is too risky after such a huge selloff.
If I went long AAPL it would be under 400 maybe around 350. They need to regroup. nothing positive has come out of APPL ever since Tim Cook took over.
Look at FB much cleaner chart and most of the bloodbath has already ended.