Apple has been blowing up this week.
I’m talking about more than 15% in the past month – and that’s including Black Friday’s market crash.
In less than a week, AAPL has gone from a $161 stock to $175 in a massive bullish jump after trading in a range throughout the beginning of the month.
And this big-money trader doesn’t think it’s done yet:
We’re looking at a March 2022 call sweep here. A customer bought almost 32,000 of the March $200 calls, paying $2.50 per contract.
That’s almost an $8 million trade betting on AAPL finally breaking $200.
But I disagree.
I think Apple is way overbought. And I’m looking to fade it.
Why should you trust me – and not this $7 million trader? Well, I’ve done pretty well when it comes to Apple…
Just ask my Profit Revolution members:
“I invested $58 in AAPL and made 210% after one day! I can’t wait to reinvest this cash.” – Victoria G.
Apple is a $175 stock – but Victoria traded it for $58… and made more than triple her investment.
“I made 200% on AAPL with $644.45. And it only took two days! Profit Revolution has helped me live better financially.” – Carlos C.
That means Carlos turned $644 into $1,932 in only 48 hours, all thanks to a Profit Revolution trade recommendation.
So… how am I fading Apple this week?
Apple’s move has been nasty this week. And I think it’s going to give away some of this week’s price action.
The simplest way to play a reversal in Apple? A put.
And the December 10 $165 puts are only $0.14… and they have the potential to cash out by tomorrow!
Founder, Profit Takeover
One response to “I’m Fading Apple’s Nasty Price Move”
December 09 2021