PriceActionRules

$AAPL is nearing a climatic top, brings major risk to the market

Short
NASDAQ:AAPL   Apple Inc
AAPL stock is currently vertical, see way too many traders asking "should I sell my AAPL calls" or "its going to $200." - "its going to 3T market cap" reminds me of the last time it was around 2T mc and tanked. Funds buying large amounts of weekly calls always leads retail into a trap, they do this because in the interim they are planning to offload shares. Market makers are forced to hedge by buying up shares, when supply runs out and that option flow isnt there to support price through a gamma squeeze- the stock falls sharply. Retail is left holding the bag, the headlines/talking heads on cnbc sucker them in every time. Be patient, a big trade is coming. (Might be aligning with fed meeting on Wednesday.)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.