Weekly Lotto Trade Commentary -  AAPL

 

These are the results from trades suggested on our "Current Plays" list.

Note: they are suggested entry and exit points! disclaimer   Profits Up!!

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LAST UPDATE: 12/14/12

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Archived Plays 

 

Play Recommendations: Play 25

Lotto Weekly Options:

 

Dec Wk2 540 Put

DecWk2 535 Call (expired)

DecWk 2 510 Put (Lotto)

DecWk 2 515 Put (Lotto)

 

Monthly Options:

 

Jan 2013 (Pending)

 

 

12/14/12 - WINNER AAPL was beat down three times this week and finally tested the recent bottom slipping lower to $505.58.

My puts were massive winners!!!!!!!!!

 

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12/11/12 - Apple TV is coming and some are speculating they may even buyout of NFLX? After the Fed announcement and upbeat tech news all this could not kick AAPL into bull mode today. It's looking like AAPL will head lower the rest of the week and possibly test the $520 low and possibly even the $505 low by the end of the month. I put on a straddle play today, so I need this stock to make at least a $10 move in either direction tomorrow. If AAPL flounders around the rest of the month there should be a very strong pre-earnings rally next month and I expect a very powerful Lotto Play when we get the earnings news next month.

 

 

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12/10/12 - Attempt 1 to kick start a rally failed today and if AAPL does not get a positive news event and $522 is breached, then I am looking for a test of the last low at $505.00.

I was trading in and out of AAPL all day today and there was an interesting pop in the stock this afternoon and I am glad I was on the right side of it with my options and I took the profits too because I did not believe it was going to hold and as you can see, that was the case.

 

 

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12/9/12 - Decision time for AAPL is upon us. With uncertain Fiscal Cliff issues, tax selling and the lack of a dividend announcement, I suspect AAPL will feel more downside pain to the tune of massive margin calls again. The next dip/bounce is a definite LONG play but that is looking more likely to happen in the first week of Jan. Of course, anything can happen between now and then so you better be ready to act quickly or just do what I am going to do. Short stock and buy OTM calls. If you saw what happened last week with the 545 puts, then you can see the possibility for massive profits yet again if AAPL finds another bottom or they actually surprise this week with a special dividend.

 

 

 

 

 

 

 

Profits Up!

The donFranko