The fact that it didn't was proof of this reversal. There was something like 40k at $91 on the call side at eod.. The option writers got their faces ripped off on Friday and lost millions. You do not see this often except when there is a big reversal in a stock. Apple going much higher over the next 3+ weeks. The writers will acknowledge this fact and will now start accelerating their put sales. Just watch next week as puts increase in volume. jmho
Sentiment: Strong Buy
Again the idiot speaks... The way the options were set up it should of sold off because there were 5 to 1 calls to puts.. The option writers got their faces ripped off on Friday. A lot of money was lost that day for the option writers. That does not happen very often and is the indicator that Apple has completed its reversal of the 3 week down trend. jmho
I hope you are right. I think it is possible. I believe it will run up before earnings and then sell off a little on the news unless there is a big announcement. I am thinking $94 by Thursday July 3rd and $96 by the following friday and maybe just shy of $100 by the monthly OEX.. I believe the momentum is behind them now for the next few weeks. They are talking about possible record iphone 6 sales in the 4th quarter... Holy cow that is a lot of phones. I think Apple will finally excellerate with a bigger phone (which is what they have needed for the past 2 years).. When apple dropped below $90 the second time and rebounded I bought a bunch of the $92.86 July 19th calls. They were the best deal imo... There was way too much premium in the July 25 calls (post earnings) so I went with the July 19th calls because I believe they are going to continue to buy into the earnings. Good luck to all longs!
Sentiment: Strong Buy
this traded sharply up over the past 2 days..
Guys Tim Cook has been in a number of major media sites talking about being gay. This is not a revalation.
You need to follow that up with professionalism and wise decisions. I really feel she has no direction in mind and doesn't understand the end game. I have never seen such negative feelings from the street about this woman and how she will manage Yahoo's windfall.. The street is literally scared to death of her once she gets the cash.. This is pricing at least $15 in the negative just to their assets right now if Alibaba ipo's at 200b.. Yahoo has always been a joke and they really need to get someone that gets this industry. jmho
The problem is the dollar going down has had little affect on the gold price.. The dollar was down .20 with the GDP number and gold was flat... It should of spiked..
there was a triple top over the last 2 days or so... Silver hit 21.18 3 times and on the third time which was last night it broke thru and than retraced very quickly... It is not ready to run yet. It could not violate that 21.18 and hold it into the next days close. jmho
Like I said...
That was some huge selling into the close. Looks like she will have to dip back near $19 before turning around. I think we will retrace until next cpi report and then it may spike again. jmho I do believe silver is heading a lot higher in the future but the short term outlook is very bearish..
But I am not sure..
2/3 to 3/4 dry weight of a jumbo jet is aluminum... go to aluminum leader dottt comm and they will explain it to you..
Nice! Those were funds getting in at the close which made it impossible for the option writers to manipulate the price on OEX.. Got to love seeing the writers getting their faces ripped off for a change!
Yeah I get caught in these stupid rules also. Buy options on Monday and sell them on Tuesday and buy again and then I can't liquidate them till the next day no matter what the price movement. But they let these dip #$%$ do high frequency trading..
Good day today considering there were so many calls at 91
that is why Simon said he was open about it.
Smart guys!! LOL! Nice how they do that after the GDP release.. What a joke these guys are in telling us something we already know and pretend like it's news..
Boy you want to talk about a rigged part of the market
I highly doubt the option writers will let this run like they did yesterday. I hope I am wrong but Monday will be another story, imo..