Yesterday I decided to hold on to the AAPL December $520 calls as I thought/think they have more to go, the position (considering it's a straight option play) is only down 2% which can change with the slightest move so essentially flat,
AAPL 2 min is in line
AAPL 3 min is a little concerning
However the 10 min chart looks like the divergence was big enough to push to the target area I have in mind.
If the 1 min chart starts a new positive it can essentially migrate over and erase the 3 min negative so I'm watching for that and suspect that based on the 10 min positive that started all of this, you see why I felt I needed the leverage.
1 min turning leading positive, I'd like to see this continue.
Ultimately the same 10 min that started this little bounce is the same chart that makes AAPL a choice swing short when this bounce ends.
My target for AAPL is just around or above the $525 area, if we saw some stronger momentum the value of the contracts would rise even if price didn't move as high.
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