$612 was where I intended on dipping my toes in to some AAPL puts, if I have time I'll be looking to do that in the options model portfolio.
AAPL breaking below the triangle's apex.
1 min chart still leading negative
2 min chart non-confirmation again...
I would guess there will still be volatility and shakeouts in AAPL, but the head fake move is what I was looking for, I'll just have to ride them out if they come. The next area I would add would be <$600.
For now, a small position in $615 April Puts most likely.
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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