I specialize in creating opportunities involving options strategies, particularly involving tech stocks. I am also very interested in retirement strategies and I believe everyone is capable of creating their dream retirement, regardless of income level. I have degrees in mathematics and physics... More
I'm watching AAPL very intently. Interesting price action leading up to tomorrow's meeting. I predict that Apple will dissapoint, similar to the dissapointment following the "iPhone 5" announcement, which turned out to be the 4S, lacking many of the rumored features the market is pricing in. Look for a spike in volatility later today and early tomorrow before the announcement, and a quick retreat in both price and volatility shortly after.
If Apple has a "sell the news" dip tomorrow, it could present an excellent opportunity. Even though Apple may dissapoint tomorrow, the company will continue to grow their empire for the forseeable future.
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Apple Will Dissapoint...
I'm watching AAPL very intently. Interesting price action leading up to tomorrow's meeting. I predict that Apple will dissapoint, similar to the dissapointment following the "iPhone 5" announcement, which turned out to be the 4S, lacking many of the rumored features the market is pricing in. Look for a spike in volatility later today and early tomorrow before the announcement, and a quick retreat in both price and volatility shortly after.
If Apple has a "sell the news" dip tomorrow, it could present an excellent opportunity. Even though Apple may dissapoint tomorrow, the company will continue to grow their empire for the forseeable future.
Disclosure: I am long AAPL.
Additional disclosure: I am long March call spreads in AAPL and may add to the position in the next 72 hours.