AAP Trade

I'm seriously looking at putting on a short trade in AAPL via puts.

 This is a more extreme bearish wedge then most, as  have been saying, AAPL's rise has seemed to be fueled by short covering and as of last week, NASDAQ short interest hit 11 year lows. The wedge has the same probable false breakout and AAPL is giving a nice price move to open a position, while underlying trade remains weak.

 Intraday, a rounding top with correct volume.

 The 1 min chart which has been in confirmation is quite negative, leading to new lows on the gap up.

Long term daily, AAPL looks like it is seeing a lot of distribution.