AAPL Intraday Updates (Archive)

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    Posted: 13 August 2010 12:26 PM #76

    thealct - 13 August 2010 02:20 PM

    Do folks here believe AAPL could be at 240 next Friday expiry.



    “Once we roared like lions for liberty; now we bleat like sheep for security! The solution for America’s problem is not in terms of big government, but it is in big men over whom nobody stands in control but God.”  ?Norman Vincent Peale

  • Posted: 13 August 2010 01:27 PM #77

    Volume is less than .5 M share per hour !

  • Posted: 13 August 2010 01:45 PM #78

    Hamourabi - 13 August 2010 04:27 PM

    Volume is less than .5 M share per hour !

    I think traders have figured out that the weekly options mean that by Friday (possibly even by Thursday) there is no point in betting against the house. Retail buyers are scarce these days, but if there were any around, the low point on Friday seems to be a safe place to buy?assuming you’re paying attention to where the price will be pinned for each week.

    I’m interested in seeing what happens next week when the Monthly OE influence comes into play. At the moment it would appear that AAPL will have to rise $10 by next Friday.