By Micah
CEO of Wall Street io
Apr 5, 2012
AAPL now more than GOOG
April 5, 2012 (AAPLTrader)
Everyone in the world stops in awe...
Apple (NASDAQ:AAPL) just took out Google (NASDAQ:GOOG) in share price, simply amazing.
Onwards and upwards: $1,000 here we go, really though I think $1,500 to $1,700 is a more realistic target for AAPL by 2015!
The biggest mistake I made all year was anytime I sold my AAPL calls.
Although I do think that AAPL will come back down and close near $630 today.
As I'm writing this the $630 call expiring today has 65,000 contracts traded.
So in trader words the $630 strike is max pain today.
This amount of volume is huge, way bigger than any other stock in the world.
Everyone wants to join in on the "Apple Mania".
To learn more about how to trade max pain check out this video: http://www.aapltrader.com/aapltrader-blog/apple-max-pain-theory/
How are you playing AAPL right now? Shares, Deep ITM Calls, OTM calls, Leaps, Bull Put Spreads, Naked Puts?
Anything and everything with a positive delta is working and has been all year, however deep in the money calls have presented the best ROI.
Everyone in the world stops in awe...
Apple (NASDAQ:AAPL) just took out Google (NASDAQ:GOOG) in share price, simply amazing.
Onwards and upwards: $1,000 here we go, really though I think $1,500 to $1,700 is a more realistic target for AAPL by 2015!
The biggest mistake I made all year was anytime I sold my AAPL calls.
Although I do think that AAPL will come back down and close near $630 today.
As I'm writing this the $630 call expiring today has 65,000 contracts traded.
So in trader words the $630 strike is max pain today.
This amount of volume is huge, way bigger than any other stock in the world.
Everyone wants to join in on the "Apple Mania".
To learn more about how to trade max pain check out this video: http://www.aapltrader.com/aapltrader-blog/apple-max-pain-theory/
How are you playing AAPL right now? Shares, Deep ITM Calls, OTM calls, Leaps, Bull Put Spreads, Naked Puts?
Anything and everything with a positive delta is working and has been all year, however deep in the money calls have presented the best ROI.