Thursday, April 23, 2015

Get More Bearish After Apple - Wait For Technical Weakness - Buy Puts


One Option Trading Blog http://ift.tt/1d4hy8X If you want to see what I'm trading today - take the FREE TRIAL Posted 9:50 AM ET - Yesterday, the market pushed higher and it tested resistance at SPY $210. We are within striking distance of the all-time high and the headwinds are stiff. Mega cap tech stocks are starting to announce and once this wave of reporting runs its course, the bid should weaken. Facebook posted yesterday and the reaction has been muted. Microsoft and Google will post after the close today and Apple will post after the close Monday. Many industrials posted this morning …

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