AAPL Down Around -2.5% on Earnings

Well if you don't already know, AAPL beat on Revenue and EPS, their I-Pad units missed, but it was the gross margin squeeze (apparently) that the market didn't like, although there is a CASH concern that AAPL is burning through cash with certain buybacks, dividends, etc and only netted 140 mn in cash when previous quarters where in the billions (9 billion) etc.

Whatever it is, I should think we should have some nice looking December $535 puts tomorrow morning as AAPL is down almost 2.5%.

 3C was first developed on the TOS platform for AH trade, so here we see the initial pump in AAPL with a 3C negative divegrence and then a dump in to a small positive divegrence and AAPL settle.

This is the 15 min chart that grabbed my attention, accumulation at an island bottom and distribution recently on a strong 15 min timeframe, leading negative.

In any case, for all of you in AAPL puts or short, best wishes for a nice return in the morning.