Formerly NE North Dakota, now NW MN | bought a 460 call on AAPL for 12.80 (feb 16 expiration).
So like..... if blu or maydel or jpartner want to share some charts on aapl to either knock some sense into me or relieve some of my anxiety.... that'd be fun.
Justification for the trade: RSi almost sub 30, 450ish looks to be in the neighborhood of a long term support level, and today looks like it could be an outside day, so I don't think this is the craziest thing I've ever done. Just usually trade options on 25 dollar stocks, not 450 ones.
edit: and aapl has a stupefying amount of cash.
Edited by khall_12_34 1/24/2013 11:29
|
my attempt at real-time trade talk....
