With AAPL now down more than 170 dollars from its recent high we thought it may be a good time to get a little contrarian. We like a structure here that is similar to the one we did a week ago.
New Trade – $AAPL : Playing for a Near Term Reversal with a 1×2
11:39 am EDT - November 15, 2012 By Enis
About EnisGlobal Macro Editor: Enis focuses on incorporating top-down macro and technical analysis with option market anomalies to develop favorable risk-reward trade structures. He appears regularly on CNBC's Fast Money Halftime, Closing Bell and Options Action.
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