Tuesday, April 24, 2012

AAPL

The stock I dislike the most AAPL reports today. I have had an AAPL over a month and it has been painful to watch to say the least. Cover here +$30 profit and will not look back on it. If they spike out of earnings that $30 profit could be evaporated and I am not willing to take that chance. Maybe later in the day I will look at some options but they should have a ton of volatility priced in them to make them expensive so we would need a high delta move out of earnings in the right way to make it profitable.