It's your imagination, if you keep on revising the pin number up to and including the last day of trading, you will be correct often.
I'm not holding my breath, max pain is a bunch of hogwash. There's a lot more money invested in AAPL shares in comparison to the amount in AAPL options, so you're telling me that max pain determines the direction AAPL shares will go? Makes no sense.
So people are posting insider information on the internet?....hmmm, finally something worthwhile on this mb...lol. Come on guys, if I received insider information I wouldn't post it on a MB. That's like saying FBI, come and arrest me now...lol.
It was a great investment, maybe you paid a little more than I did but I'm holding until we get to $700. If you're worried about whether you got a good deal, write some covered calls tomorrow.
If you are new to trading AAPL, it's a good idea to avoid watching AH. The only time it's really relevant to AAPL's performance during the day is watching the premarket around 9:00 am.
Even if you only buy AAPL stock, a little knowledge about the use of options doesn't hurt. For instance, some longs use puts for insurance. After hitting the high today, it certainly wouldn't have hurt to buy some puts afterwards, it would have cushioned the subsequent drop.
Also, many institutions and retail longs use covered calls. It's a way to get almost instant liquidity and allows you get rid of excess AAPL shares. Instead of selling your excess shares to the market directly, you could write covered calls at 10% above the market price. You get the premium from the calls for liquidity and when the calls are exercised you get rid of your unwanted shares.
Even the shorts aren't dumb enough to trade based on information from this mb.
June 2 is the ex-dividend date. That is the last day to buy for the split. But you don't actually get your extra shares until June 9. Now, my question is after June 2, it would only make sense that we traded at the split price. Is that the way it works?
Very likely...many Nasdaq stocks had a late rally. The truce isn't considered insider information, but probably only traders paying attention to the patent litigation would trade based upon it.
If Timmy is on his toes, AAPL will.
I don't think so, volume was above average for a Friday. Could be some institutions spending their cash dividends on more AAPL.