This is a speculative, short duration position, I'm not crazy about longer term AAPL positions right now in either direction, but I think near term there's a decent scalp I'm going to open in the options tracking portfolio, AAPL June Standard $625 Puts, full size.
I'm not using as much time because I'm viewing this as a shorter term scalp-like trade.
AAPL's daily candle looks a lot like the averages, a small Doji which would be the first two candles of a 3-candle reversal pattern to the downside, higher volume at the close would be helpful.
However, the intraday charts are falling apart fast, 1 min
3 min
5 min.
I think this is at least worth a scalp position and I have been loathe to put on positions in this market, so I feel pretty good about this one.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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