Shorted some 135/130 put spreads, and laid a Broken wing put fly on top of that, for a double whammy vol collapse, with a fairly large profit range.
I think AAPL's downward move today suggests earnings will be very ho hum and not have that big of an effect. The stock is way overbought, and I, have course have somewhat contributed to that in my modest fashion in one of my retirement accounts.
Adam
· 5 months ago
yeah, seems like the old "beat by a mile, guide conservatively so we can beat again by a mile" snoozer. It is a little overdone, then again so is everything, so hard to know.
JB
· 5 months ago
looks like a nice gap trade setup this morning... wonder if the Iphone can work this trade...
All Comments
I think AAPL's downward move today suggests earnings will be very ho hum and not have that big of an effect. The stock is way overbought, and I, have course have somewhat contributed to that in my modest fashion in one of my retirement accounts.