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Entry comments: added to position, looking for fade in a day or 3. Now short 200 at average of $0.755 I may easily be wrong, but I don't see todays 7 cent rise as important because volume was so weak. Only 131k shares traded all day. Of course if it had gone 7 cents the other way, I might think otherwise. Seeking Alpha pub a bear case on Nov 29 2012. They say its worth less than a penny. Not that SA is a trusted source, just popularly read.

Entry comments: Sold to open 1 contract AAPL Jan 2015 PUT for $35.45 x100, so $3,545. A seriously doubt AAPL will ever sink to $400 again and if I had unlimited margin power I would consider going far bigger on this. But always better to not go crazy, and be safe even when I feel like I know the future. (But of course, I don't!)
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