AAPL: Apple Inc.

July 1, 2008 – 10:41 am

A few minutes after the open I witnessed the strength in [[AAPL]]. I immediately went long some 180 calls after looking at this:

Look at that bounce off the 200 Moving Average. Sometimes these are the best trades to be had, especially when the company receives an upgrade in the am.

Note: I don’t advise you going long at the moment, it’s just another example of what I look for when trading.

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7 Responses to “AAPL: Apple Inc.”

RaginCajun Says:

I hope you are catching some of this move in SWN (highlighted last night)
July 1st, 2008 at 11:04 am
- Says:

RC,

you in ICO ? any stops ?
July 1st, 2008 at 11:11 am
RaginCajun Says:

Why are you guys sweating ICO, it’s fine here. If anything add to it.
July 1st, 2008 at 11:14 am
HPT Says:

for a second there I thought u meant you bought 180 calls, instead of 180 strike price calls
July 1st, 2008 at 11:15 am
- Says:

thanks !
July 1st, 2008 at 11:18 am
Black_fish Says:

Interesting. I just bought 170 puts after watching it bounce off resistance at $172.8.
July 1st, 2008 at 11:35 am
Prospectus Says:

RC,

You bought 180 strike calls? Jul exp?

Why not 175’s or 170’s? Trying to learn…
July 1st, 2008 at 12:04 pm