Now, I did say $600 was out target but also said to sell the 2013 then close out the sale of the 2013 to sell the 2014 Jan $600 calls.
This ell-off should never had happened but it did. Why? Wall Street saw where retail was betting and took the action the other way to make retail loose money...
The trick with options is playing 12 months out where premium is very juicy and the crazy market action is watered down.
What do you think AAPL will trade at in one year?