Apple rising wedge

    AAPl 15 min

    Posted by sethbru on 9th of Apr 2012 at 05:02 pm

    A downside break of $20 for Apple? That amounts to a giveback of about 2 days of its recent typical gains.  Laughing

    sethbru - realize that is

    Posted by matt on 9th of Apr 2012 at 06:59 pm

    sethbru - realize that is only a 15 min chart, it's not a daily chart.  If it was 60 min or daily chart then it would be 4 times or more thank 100 points easily , but this is only a 15 min view

    Option trade DOUBLE CALENDER

    Posted by zach06 on 9th of Apr 2012 at 05:43 pm

    You might want to look at the   Short  May  670 calls and long  June   670 calls   along with  the    Long   600  June  puts and short   May  600 puts.     The trade costs around     1300.00 per contract         One side will win for sure.     The other side will lose   650.00    if it goes throught the strike price of   670 or   600 by May,  You will be able to roll the short up and out and make a nice profit.     If it doesn't hit either   670 or   600 by may ,  you keep the premium  and you are long   the   670 call and  600 put  ,   where you will be able to sell more premium.

    Sethbru - that's simply based

    Posted by steve on 9th of Apr 2012 at 05:11 pm

    Sethbru - that's simply based upon the 15 minute chart.  it's NOT a daily chart, it's all relative to the time frame.  

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