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Ok hi everyone :)
Going to keep this short and sweet, but I am going to stick my neck out there (could be chopped off) but that's why I do options on earnings as to do straight stock you could lose your shirt with option spreads you are limited to the cost of the spread if you buy and the credit plus strike difference if you sell. If you need more information on these email me @
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Ok here is my take on Apple I know the earnings will be a blowout and everyone expects it to sell off. (thinking it's already priced in) well I am going to put my neck out there and say "there are allot of shorts expecting this very scenario, and thus if they are wrong the covering could be quite dramatic"
That being said I am already long calls but will close due to IV building and do spreads either debit or credit of some kind, most likely credit as i am playing off IV (implied volatility) and theta (time decay) and will most likely do a weeklies.
Let's peak @ apple daily you can see it's pretty much a crap shoot so i am going by my gut on this one :)
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