A fake cancelled trade designed to flush out any weak hands like yourself.
That's all (go figure! We'll "run-up hard to around $100.55" on the Fed Decision this afternoon).
Furthermore we'll be trading below $700 on some more APPLE earnings selling (a very nice "downdrafts effect").
One trading session off in my forecasts is very common and the reason for it is generally that there are way too many inexperienced managers that make the wrong trades, and inexperienced retailers who make lots of mistakes.
hope you were able to make fortunes on my insights but just remember that I often delete at will (randomly), because my insights are worth more that the richest man in the world is worth.
Been forecasting with amazing results since the 1990's.
I loaded-up on the $105 puts for at least a 100% double.
They are at around $2.50 right now and will spike above $6 tomorrow (a strong-sell point for the contract).
For you "newbies" you want to buy the in the money (ITM) puts when there is low volume(on a particular contract) before an earnings report in a sideways market.
You can see that the high volume in the $100 put (over 28,000 contracts), will not allow an easy AAPL drop to below $100 for the commons this week.
I know it's all technical analysis but I'm actually an expert.
Even Carter Worth is great but I'm actually much better a my forecasts.
I like his insight a ton though.
When you don't listen you get VERY badly burned.
Sub-$700.00 today people.
cat got ya'll tongues...
or sukka's just scared to "speak-up" in here?
TOLD YOU SO SUKKAS!
Do tell me, what went wrong?
Better listen and better listen good.
Did anybody listen?
That's only options on 100,000 shares.
Try trading 4000 contracts sometime (400,000 shares worth).
Then you'll grow some nuts.
I did it buying the TWITTER $34 puts and I posted the trade at that time right on the TWTR message board.
Everybody screamed like frightened women but guess who was right? (as usual).
I nailed GOOGL & GOOG too.
You should have listened.
I don't post too often these days but I have a huge following so when I post many profit from it.
Like at TESLA $270+ I posted that the leg down to $140 would persist. (it did).
Went as low as $130 in one of the afterhours sessions.
TESLA is ready for a "route" into the mid 100's again later this year.
I'm well positioned.
So here's what has happened: I posted that on the GOOGL message board and it appeared here on the GOOG message board. Broken Yahoo! servers but not that big of a deal.
Either way my analysis was right on track (as usual).
4 DAY WEEKEND for me.
Hope you make a killing on my knowledge (like many have).
I was the only analyst in my group who knew exactly what GOOG & GOOGL would do on earnings.
(sell EVERYTHING NOW, buy back in three years).
They were actually the $770 puts in the teens when I posted that.
I bought the $750 puts.
Will be above $20 tomorrow so the mid-teens are not so bad right now, huh?
Any other options traders in here?
1. There will be no "short squeeze" as they are a complete and total myth.
2. NEVER buy a stock that has a high short interest.
Those two things are your lesson of the week.
Write them down and memorize them.
I'm very serious.