Tuesday, November 06, 2007

Apple Inc. (AAPL) 11-06-07 Trade



Apple opened up .87 cents then rose .94 cents more for a total of 1.81 up in the first half hour of trading. Then began to fall. This is a prime example of why I don't buy (when I am bullish) till after 10:30. I picked up some 190 calls at around 10:30 at $3.30 per option, I bought 10. This price finally bottomed at 2.95 before rallying. I sold around 12:30 for a quick 9% gain.

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