AAPL new Weekly trade, Nov/08/2012

Trade update (Nov/09/2012):
Expired worthless for 100% profit
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For Apple, 525 range is almost like a 2 standard deviation move for the weekly. I wanted to take this opportunity to sell some naked puts. It does take a lot of margin and is extremely risky, but I like the odds here. My stop at $2 in case this goes sharply against.

Apple inc (AAPL) Naked sell:  
Sell 1X $530 Weekly put
(Got $1.25) 

*Please do your own research before buying any stock listed here. Disclaimer.
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