Friday, April 6, 2012

$AAPL chart and setup for 4/9/2012

pretty much same setup as last week, little more likely with the jobs number coming out. if we get a quick pull back and hold near the 600 level, might have enough premium left in the April options to get a credit put spread at/below the 570 level. earnings are 24 april so i would not put on a May credit put spread yet..never know which way it goes on earnings.. there will always be another setup after earnings. no need to throw the dice now. setting initial alert at 615 to get on radar

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