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August 15th, 2007 at 1:47 pm
Sahaida, yes I sold my AAPL puts, as posted here at 12:04 pm. Daily is still bearish, but I will wait for another opportunity. It might bounce to $125 for expiration.
Jeddah, I only play puts on Qs until the trend changes. I don’t like to go against the trend but that’s just me.
Here is the bounce that was expected today. It is not time yet to buy ST calls! Let’s see a bottom first and reversal. if you want to go long, buy some Leaps, and sell some calls against them when we start going down again.