Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Apple Hitting Resistance At $530, Option Chain May Show Why

|Includes: Apple Inc. (AAPL)

Some player is bouncing Apple off of $530 on the dot:

Today is options expiration, a look at the chain shows that if Apple floats above $530 a lot of call options will get executed. Coincidence? You decide: