Another $5k should hit. Didn't bother checking the account.
Same position 400 SSO and 5 puts on AAPL.
Why short AAPL?
1. Steve Jobs health- sure his cancer is not acting up again, but he just had a surgery to fix a "bug".
2. Low guidance- we know AAPL likes to give b/s guidance. But tight margin and lower growth rate...the street has an estimate 24% over what AAPL is giving. So Apple must beat guidance by 24%+...not an easy feat at this time of the year.
3. Technical- lower highs, it looks like the stock is rolling over.
Note: I have 4 more weeks to prove AAPL is not worth at $160.
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