I bought 40 call AAPL May $335 call today. wish me luck. also long on SINA and BIDU
Buying short term OTM calls at elevated IV? Good luck. You will need it.
Look like S&P see the support for the day and if buyer came in at 11:00am then everything will go up. also I see AAPL get support at $330 so $335 is a good. need to see it breaks out $333 hi of this morning . good luck to all.
I agree with pureinvestor, the IV is high and the option prices are more expensive. I got burned on IV when I first started trading options,rookie mistake.