mrmaximo74

AAPL is cheap, buy the bags!!

Long
NASDAQ:AAPL   Apple Inc
01/03 10:59pm possible option play
AAPL 01/18 165.00 CALL 0.12
IV 37.76% VOLUME 6033 OPEN INTEREST 22927
current stock price 142.20

I am afraid this option price won't be there by FRIDAY am open....
Currently this price point just about hit solid support, the next solid support is around $111 and that's just, well, the apocalypse.
Obviously, all indicators are bearish here, but the potential for apple to turn it around is there in spite of negative news

*Let's see what happens*

DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
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