I work hard to provide superb value for my beloved paying members, particularly the highest echelon of Gold and Platinum. On Friday, just two trading days ago, I opened up the kimono a bit wider and did a post called Two Major Tech Gaps for ALL my paying members. The relevant snippet is shown here from the original post;
I’ve marked with the arrow the day that I did the post. Yesterday, Monday, the stock actually rose, but it did not violate the price gap. Today, the price is getting kicked right in the nuts, and the October puts I bought are up 54%. I certainly hope some of my beloved paying members are thriving from this idea.
I’m not sure what’s driving the plunge, and I don’t even particularly care. I’m only focused on the chart. I will say, however, to keep an eye on next Tuesday, when they introduce the iPhone 293 or whatever version it is. I bet it’s going to be an enormous nothing-burger, as people realize that Apple cannot keep up its preposterous evaluations by simply trotting out another new goddamned version of this 16 year old product every year.
If you’re not a subscriber already, I’d suggest you consider it, since a trade like this can pay for a lifetime of membership fees many times over.
