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Apple Inc. Message Board

  • manfrombeach manfrombeach Oct 30, 2013 2:03 AM Flag

    AAPL Price Action this Week is ALL About Options Which Explains...

     

    why AAPL went up to $539 and then tanked to $516. The MMs and other so-called "big boys" (i.e, pimply faced kids who barely have started shaving...) were just scooping the piles of chips off the table (call and put premiums) from retail options players, squaring up their options positions from before the ER, etc. Take a look at the November and weekly options premiums. Everyone who bought these calls and puts lost money BIG TIME except for some puts that went up a buck or two. It really is a scam and so that is why AAPL pps went UP to $539 and then DOWN to $516, even with some nice upgrades.

    Let the crooks have their way this week and then starting next week AAPL will get back to business and reward patient longs.

    Stay LONG and STRONG!

    Sentiment: Strong Buy

    This topic is deleted.
 
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