Friday, April 27, 2012

4/27/2012 Options Action web extra $ARMH $AAPL

scott does a segment answering viewer mail, watch is here web extra scott recommends

July 26/30 call spread for 1.20

as he mentions earnings just came out. i guess you could do this trade. if you have nothing else to invest in. premise was how to invest on aapl pin action. like many say on air, i would agree, that if you want to invest in apple, then invest in apple, dont over think it.. looking at chart, this stock as been in a 4dollar range for over a year... what has apple done in that same time frame. i guess you could say its at the bottom of a channel and you expect up move.. but really.. i would rather spend that 1.20.. say you do a 10 lot.. that $1200 and do something with AAPL instead of this.. seriously slow money and really odd pick as pin action on aaple.. hasnt been so far and what has changed. i thought QCOM or NUAN were better plays ive heard on air.. i prefer to keep it simple..dont look for pin action, look for the bowling ball....you like that? i just thought of it