AAPL outperformance sets up a trade
Here's the trade:
AAPL is a short sale -
compared to a
BUY in the SPY.
For every dollar in a
short sale of AAPL shares
you buy an equivalent
amount of SPY (S&P500).
Risk: 3%
Upside: 6%
In other words, I believe that
AAPL will underperform the
stock market in the near term.
Tim 1:06PM EST, Jun 1 2012
AAPL is a short sale -
compared to a
BUY in the SPY.
For every dollar in a
short sale of AAPL shares
you buy an equivalent
amount of SPY (S&P500).
Risk: 3%
Upside: 6%
In other words, I believe that
AAPL will underperform the
stock market in the near term.
Tim 1:06PM EST, Jun 1 2012
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