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sngyuchao
Feb 11, 2021 3:27 PM

AAPL Short then Long Short

Apple Inc.NASDAQ

Description

This should be the last 2 legs for AAPL before we see a major correction.
Comments
parthp1808
So, before that major correction, AAPL will go above 140-145?
Newvepo
@parthp1808, soon overshooting
Charley_2021
@parthp1808, I pray because my February call is looking dead. This is the second call that Apple has disappointed me with; they are best for long-term holds. How someone makes 1B in a quarter, which is unheard of and then sink, wow!
parthp1808
@Charley_2021, Me too, I have march calls but I am down around 50% so pretty bad. Wish I had stop loss but what a fool I am, kept averaging down
mareep_raljodid
Chill the duck out folks - this was the last leg down imo. Should see 150s to 160 by the next month end. These are all my options.
parthp1808
@mareep_raljodid, Oh, I totally believe it will go up next month, only issue is the theta decay with the option calls so it should move up within next 1-2 weeks and not touch 129-132 atleast
mareep_raljodid
Be prepared to see maybe another leg down to 132 but that should be super cool dip to avg down. It’s prolly not happening tho.
mareep_raljodid
What calls do you have?
parthp1808
@mareep_raljodid, 150C 19th March at avg 1.38
mareep_raljodid
@parthp1808, maybe consider rolling over the leftover capital to April or June calls. They too are super beaten down so you still retain quite a bit of r2r.
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