We have decided to add a NEW TRADE this afternoon as we have room for up to 2-3 more.
Today’s trade will be a play on Tech as Apple (AAPL, $504.94, up $19.02) seamy have reached a bottom. This trade will be short in nature as we only expect to have it open for a week or 2 as we are playing the February WEEKLY options that expire a week earlier than the normal February options.
The options are under 90 cents and we believe they will double if the Nasdaq can break 3,125 again.
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