<p>[The</a> VIX, Interpolation And The Roll - Seeking Alpha](<a href=“The VIX, Interpolation And The Roll | Seeking Alpha”>The VIX, Interpolation And The Roll | Seeking Alpha)</p>
<p>Anybody getting back in aapl?</p>
<p>DocT, here is the post I was going to make yesterday but didn’t :D, and a big apology for the backward looking post - few things I despise more than someone saying he did something yesterday that looks great today. Yesterday I was going to say that AAPL feels like one of these days we are going to wake up and it’s going to be up 10 points… ok, so this morning it’s up 8 points. I am still long the 50 shares (yes, 50) I bought at 425.75 that I mentioned several pages back. (post # 5293 <a href=“http://talk.collegeconfidential.com/15560782-post5293.html[/url]”>http://talk.collegeconfidential.com/15560782-post5293.html</a>) Yeah, I’m a big hitter.</p>
<p>At least BCE told us yesterday the technicals were lining up positively for AAPL.</p>
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<p>I think you are trying to be a little bit sarcastic, but 50 shares of AAPL is about the cost of a small car. That’s a big hitter to me.</p>
<p>I am considering getting back into AAPL by selling naked puts. </p>
<p>I just bought ULTA on the big gap down after hours. Very risky because I didn’t follow the three day rule, but I think management under promised going forward and the stock will go up. Then again, I thought the same for CMG and it took forever for that to happen.</p>
<p>If you draw a line from the high of January to the high of February, you’ll see that we’re just slightly under that line right now. I am waiting for a break of that resistance line before taking a position.</p>
<p>The GOOG chart is more interesting. You have the rally from 620 to 740 and then a flag though the flag fell more than it should have. The flag should mark the halfway point. Then GOOG rallied 100 points from the top of the flag and has now painted another flag. I’d say that the measured move has been met. The question is: does this second flag mark a top or is it halfway of another move worth another 200 points?</p>
<p>I don’t think that we’re going to find out on AAPL or GOOG today given options expirations. I also don’t care to front-run a POTENTIAL breakout on AAPL given that it has failed so many times before. So I think some patience in both stocks is warranted here - unless you’re more of a gambler than I am.</p>
<p>BTW, it would be a lot easier if it were easy for me to post charts here. It isn’t. I used to have an account at stockcharts.com where I could do this easily but I let that lapse many years ago because their free stuff is good enough for me. I do post charts at Leavitt Brothers but their site has an upload charts feature that is easy to use. I wish CC had the same thing. It’s something that I’ve seen in many PHPbb boards.</p>
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<p>Thanks for the news (I actually don’t follow the daily action of AAPL that closely anymore). I will watch more closely today. BTW, my friend that has been buying the dip and getting stopped out has it from around $420 or lower this time around too. I don’t know what his stop is.</p>
<p>I’ve thought about getting back into aapl but haven’t as I’ve been burned this year every time I buy it. I’ve made money in the aapl puts I’ve sold but it is chicken fee compared to my loses buying calls.</p>
<p>I think aapl is closing below 440 and maybe below 435 today…</p>
<p>So no…not chasing it…</p>
<p>Small position in AAPL (100 shares). I consider 1,000 - 1,100 shares to be a full position.</p>
<p>Covered my short calls in svxy…</p>
<p>I can relax now…</p>
<p>EMM1… svxy is Too illiquid and just too thin for me.</p>
<p>"DocT, here is the post I was going to make yesterday but didn’t , and a big apology for the backward looking post - few things I despise more than someone saying he did something yesterday that looks great today. "</p>
<p>I’m not certain what you’re referring to. I bought bac 3/16 10 calls yesterday. It was a toss up between jpm and bac - I chose bac as a whim. Njes - I’m sure you’re doing better than me this year as I’ve already mentioned I’m having a miserable year in my trading account - up 2.5% vs 10% in the market. It makes me sick when I think about how much money I’ve left on the table buy trading instead of just buying the indices and holding.</p>
<p>I sold the mar 430 puts in aapl that expire today… </p>
<p>I think those are expiring worthless…</p>
<p>AAPL chart. Note the pop over the downtrending resistance line (Blue with yellow-square endpoints).</p>
<p><a href=“http://img844.imageshack.us/img844/620/aapl.jpg[/url]”>http://img844.imageshack.us/img844/620/aapl.jpg</a></p>
![http://img844.imageshack.us/img844/620/aapl.jpg[/url]](http://img844.imageshack.us/img844/620/aapl.jpg%5B/url%5D){kind=link}
<p>Yeah… 435 is not going to happen…</p>
<p>Damn it. :)</p>
<p>BTW, do you guys care about the technical stuff? If not, then I’m not going to bother posting charts as it is a bit of a pain to do.</p>
<p>I like that aapl chart…</p>
<p>I want to see the breakouts…</p>
<p>Thanks…</p>
<p>I care about the technical charts</p>
<p>There’s another downtrending resistance line a bit higher up and it’s the top of the channel line. At the moment, this is a short-term trade for me. If it pops above the channel, then I may get more aggressively long. I didn’t check the chart but it looks like GOOG is breaking down. I probably should have opened a short on it yesterday when I sold it.</p>
<p>Certainly, under most circumstances I would rather use XIV than SVXY for taking an inverse VXX position. The problem, of course, is that for some unknown reasons there are no options available on XIV. Pretty clearly, most options players prefer to use VXX puts rather than SVXY calls.</p>
<p>I don’t put on any large positions or even medium size positions unless there are options available to trade…</p>
<p>I want to be able to hedge…</p>
<p>Svxy’s options are pathetic…</p>
<p>I want some kind of edge when I trade…or at least I want to trade at fair market value…</p>
<p>Sxvy… An option market is .30 @ .60… Or some crap like that.</p>
<p>I have to sell at .30 to get the trade off…</p>
<p>If i change my mind. … I have to buy at .60</p>
<p>It is not worth it for me…</p>
<p>However…just by reading this thread, we can see that traders have different comfort zones. Different styles. Different psychology. So, what I might hate to trade, somebody else might love to trade. </p>
<p>So…yeah…there are opportunies in these products…go for it…</p>