yup this will be traded at the close under 115 good opp to buy shares,what will be funnyy is the massive destruction of allthose 115 and up contracts,traders who did not see the non participation of apple stock on some of the bigger updays missed the hint the stock had topped out,with the mkt starting to now pull backl from the 18000 i think apple could make serious run doward perhaps trading at 114.50,destrotying the calls at 115 but pretty much taking out value of 114 also,we really are starting to drop,down -20 see ya later at the close under 115.
if you dont believe the influence in options,news is becomimg clear that the ipod lawsuityis going to be tossed most likely and yet the stock drifted lowe heading back to 115as i write we are up all of 15 cents
looks like case will be tossed,on mon,oddly the stock has drifted down since the news
nope,look at the open contract at 115 no way they kthis over 115,in fact i think they gave options players one last ramp out just now when got over 116 mbut have yanked it way under
i think the rest of the month will be marking time though i think at years end apple will be around 120 after the first of the year this should return upwards and pretty big,but this month will be backing and filling
agreed this is for the rest of the year ,i always look at options to see the limit,and right now for the rest of the month 120s all month are way to over owned,just like 115 are today they have to tank this later or there will be a lot of of unwanted exercised options in the publics hands,but for the rest of the year we are rangebound id watch the after christmas announcements after the first of the year it could be big.
114-116its options expiration,be prepared to be bored to death.look at the open contracts from 115 up they are all dead,its that simple,rest of the month will drift us to 120 ,maybe after the new year BOOM!
options options 115likely just under or just over the idea is to take out as many calls as possible,its not rocket science guys
this week the pin is 115 i think for the hell of it they take it under tommorow,from there i think we drift to 120 by christ but no more once again options destruction is the coin of the realm on the street
as i said dec will not reward us holders and will punish calls for dec and im talking anything over 100s are vulnerable,its jan where shareholders get the rewards
thisis tied to the options pin at 115,the stock is likely to drift through the holidays waiting for sales from holidays and earninmgs,im glad i stopped adding dec options as i believe anything from 105 up could be eradicated,ill take my loss on the 2 calls tomorow 115 and hold my stock.
stop listing to cramer,he has been wrong on just about every stock thats not a div play,cramer usually for me is an advance warning to sell
i too am a fan of mr in and out ,his misses have usually happened from my memory on earnings ,not sure why though.i do wonder though now that fb is a big boy stock what the value in trading this .