I bought some Apr 65 puts last week.(knowing the way things have gone for me, the stock will likely go up) Why puts? Well, eventually the market is never happy with AAPL. The best time to have done this was likely MacWorld. But i missed the boat on that as well as SNE puts. That wasnt hard to see coming.
OTHER NEWS...AAPL will likely go up on a patent...
Apple was awarded that Mult-touch Patent (on mobile devices). Trouble now awaits for any touch screen hand held. So even though PALM has been the main target by the media regarding this threat (being they are weak), RIMM, NOK, Samsung, LG, maybe MSFT... Anyone, who has some sort of gestures or multitouch will face a legal battle. And the thing is AAPL has $28B and growing to protect its newest platform.
So, my eyes are again on RIMM/PALM long puts...
Otherwise, i have puts on a defense company, AAPL... and hedges on FAS/TAN...
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