The Options Shark @SharkOptions
I trade large-cap stock options in English, Swedish, and Pälzisch. Manchester, NH Joined May 2020-
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$AAPL This is not going past 123.8
@bigboy2020 Ehhhh no. 124 and 125s. This is wrapping up at 123 this week.
@WutTheFux Different subject. During the weekly trading cycle, MMs need to sell both calls and puts on all stocks. On a stock like $AAPL, newly minted traders come in and think that AAPL will always go up (and most of t... stocktwits.com/TheOptionsShar…
@Trifectawin Until volume comes around, this stock does nothing.
Why is $AAPL flaling right now? MMs want as many people in calls as humanly possible before another drop. No one is buying puts and as such, will "incentivise" buyers accordingly.
@Trigger_trader 121-122 is much more realistic a support level to snag shares at.
@tcamp923 This is going to dump in eight minutes. Hopefully, you did not buy in.
@macncheeseplz This was the high. This will be flushed at market open.
@tcamp923 live-action on the PM charts
By the way... $AAPL RSI is at 85 right now.
$AAPL So the only way calls will really print is when Apple releases their phone and tablet sales data. The market could give two stinking piles of poo about headsets. Headsets do not make money; iPhones and iPads do.
@getrichsoonish @NenoTauri The real money on calls will be made when $AAPL releases initial sales data for all of their new phones and tablets. That is when you will see serious AF volume and buy in. Until then, this continues to float.
@getrichsoonish @NenoTauri Would not be so sure about that quite yet. I have gotten burned a few times by buying calls for $AAPL PM events and got screwed. I approach these with a healthy amount of scepticism.
*$AAPL MMs pack up bagholders into back of van*
$AAPL PM traders have just taken the bait on anaemic volume.
@tcamp923 129k 125 call options got bought up today for this week’s expiry. Too many people gambling on a sell the news event.
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