I'm sure you've been keeping up with apple for a while, so you already know this, but ill say it anyways... Even if Apple looks cheap, don't try to go against the trends. This is 2nd most widely held stock along institutional investors. If a big player decides to exit - this stock can take a dump (like it has been for the past few days) for no reason. For weeks at a time. Good luck.
Disclosure - was long some calls in the morning, lost a bunch, purchased puts for full amount, made back losses * 2. closed out at EOD.
Description Last Update Transaction Quantity Filled Price Status
AAPL 5 Apr 13 (W) 435.00 Put 4/1/2013 14:59 Sell To Close 50 9.95 Filled
AAPL 5 Apr 13 (W) 435.00 Put 4/1/2013 9:04 Buy To Open 50 6.3 Filled
AAPL 5 Apr 13 (W) 445.00 Call 4/1/2013 9:03 Sell To Close 40 2.59 Filled
AAPL 5 Apr 13 (W) 445.00 Call 4/1/2013 8:40 Buy To Open 20 3.75 Filled
AAPL 5 Apr 13 (W) 445.00 Call 3/28/2013 11:28 Buy To Open 20 5.95 Filled