We have AAPL and CMG earnings after the bell tonight.
Who is playing them, and how?
Looks like the burrito is pricing in a big move.
I am flat and waiting for some more information from the tape before putting on fresh trades. Perhaps tonight’s earnings reactions will shed some light.
More about this in my video market recap after the bell.
See you there.
https://www.youtube.com/watch?v=-ClqMhyH7C4
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Short $AAPL using a long put spread, risking 1 to make 1 &1/3. Lotto Size!
Like it
good luck, staying away from earnings for the time being
An apple chimichanga?
Looks like it, Earl
Impressive numbers from the burrito, but sell the news. Even Cramer could not talk up the burrito last night. Just don’t play earnings.
I bought a December put on CMG and some November puts on AAPL.
Looks like an Apple crisp or a mini apple pie with golden crust. Hostess sells this.
Off topic but btw- At Whole Foods today I saw a marketing poster of a happy smiling lady holding a living chicken in her arms, and the caption was something like “care about the life your food had”
I think that might be a bit of a tasteless stretch for their current food sourcing campaign.
Long Apple along with Le Fly. The Fly ALWAYS wins, so why not?