I have had questions posed as to how to trade AAPL prior to MacWorld.
Historically, AAPL has posted a gain since the iPod/iTunes combo came on the scene for each MacWorld. Typically the stock falls just prior to MacWorldʻs keynote address... where Mr. Jobs often refers to "incredible" sales of ".....". This year all eyes will be on how many iPhones were sold. The goal was 10 million by the end of 2008. If we get >5 mil we should see a pop.
Also related is the iTunes/Apple TV hub... if the subscription service is indeed for real. we may be seeing both Blockbuster and Netflixʻs last days.. so shorting those stocks (i prefer NFLX, since itʻs off itʻs lows) would be another way to position your portfolio around this event.
Plan: buy AAPL calls at the end of Mondayʻs trading day... hope that INTC reports strong sales and adequate guidance. and hope the oversold tech builds a bullish background around MacWorld... and buy NFLX puts...especially since they are dirt cheap...