LOTTO Plays -  AAPL (Weekly)

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

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

 

Archived Plays

 

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LAST UPDATE: 8/14/12

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Play Recommendations: Play 9

Lotto Weekly Options:

Calls - 630's (expired)

Calls - 640's (expired)

Calls - 650's (expired)

 

Aug Options:

Calls - 630 (open)

 

Calls - 620 & 650 (closed)

 

 

8/14/12 - AAPL was setting up to make nice moves this week; however, the last couple of hours today was a bit of a drag. It's looking like a lot of profit taking kicked in and now the daily chart is showing a solid bearish tombstone/gravestone Doji. This could be a false signal, but we will now need a couple of days to confirm it. Any reversal gap over today's close, and a hold above the open on an hourly chart, is a buy signal for me.

I am looking for another Lotto play this week...stay tuned.

Still have this one:

 

Took profits on these trades:

 

 

 

 

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8/10/12 - The weekly plays expired today ;-(  Time to go fishing for the next one....stay tuned!

Still have the Aug calls:

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8/9/12 - added more

This is completely speculation because there is no current news, earnings announcements or market news to go by. I am just basing my decision solely off the charts looking for a Friday rally, so, if you follow this trade, do so knowing its a 99% potential losing trade.

Note: I do NOT recommend you buy 100 contracts as I have shown, unless you have a very large account and can easily absorb a complete loss. If this is your first few trades with me, just start with 1-2 contracts and build up more when I find you winning trades.

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8/7/12 - Here are my trades on AAPL

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8/6/12 - With all the positive news, momentum and future compelling events on AAPL, this stock is looking poised to put in a new all time high this week! Tomorrow I will pick up some of the Weekly 640's or 650's depending on how the stock opens.

 

 

 

 

 

 

 

 

Profits Up!

The donFranko

 

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