Buy AAPL June 105 puts, Apple Inc
Stock looks extended, yesterday's high is resistance. Apple is one of the leaders in this bull market, and if the bull is ready to rest, as I believe, it will get hit hard. Short interest is small, so any buying big enough to move this big stock is going to come from fund managers or other big boys. The Apple story is still exciting, with the new IPhone coming out, high Mac computer sales, record IPod sales, however, all of that information is in the price. All of that and then some.
No comments:
Post a Comment