Tuesday, February 11, 2014

Opening Small AAPL March $535 Put

I was looking at AAPL as a potential equity short, but again with other charts having strong 10 and 15 min charts and AAPL lacking that, it just doesn't make sense, but I think a put does in this case, I think it needs the extra leverage and appears to be a good set up for a put position.

 AAPL intraday turning negative

 2 min has been which has been attractive, I've been watching it since yesterday hoping the 10-15 min would go negative.

5 min negative

This is as far as the 10 min has gone, it may end up in a deeper negative divegrence, but for now, I'd rather stay nimble in AAPL and I need the leverage to make it worthwhile.

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