Monday, April 30, 2012

4/30/2012 $AAPL setup and chart

not unexpected that aaple pulls back after that earnings pop. higher probability entry now is what everyone is probably looking at..a test of the 50day near 580 . levels to shoot against for new credit put spreads are the low from last week near a 550/555 or 545/550 credit put spread, or for lower risk use the 520 a 515/520 credit put spread. if that one does not have enough premium for may, price out what it pays for a June spread