It looks like
AAPL
may have seen its short-term top Wednesday afternoon around the $282 area. Thursday's lower morning high is a fairly good indication of a double-top for the stock, and it now may be headed downward to fill a previous gap-up.
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I am currently short with a put option expiring 12/27, with a $277.5 strike price.
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We'll see the outcome tomorrow! If the stock gaps down nicely (>1% for whatever reason) or falls into my profit taking area as early as tomorrow, I will close my position.
AAPL
may have seen its short-term top Wednesday afternoon around the $282 area. Thursday's lower morning high is a fairly good indication of a double-top for the stock, and it now may be headed downward to fill a previous gap-up. ~
I am currently short with a put option expiring 12/27, with a $277.5 strike price.
~
We'll see the outcome tomorrow! If the stock gaps down nicely (>1% for whatever reason) or falls into my profit taking area as early as tomorrow, I will close my position.