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To: ChinuSFO who wrote (124710)10/22/2012 8:04:29 PM
From: manalagi  Respond to of 149317
 
I think it all started on Thursday afternoon when Goggle (oh well, Google blamed RR Donnelly) prematurely release its quarterly results. Apple was trading nicely until then, but suddenly the floor collapsed because of "don't do evil jumping the gun". Friday was a continuation of rolling down the cliff. My take is that if GOOG announced after the bell Thursday, the massive sell out of Apple would only happen Friday.

I had to "repair" my short put options which expired last Saturday. Good thing I closed my position and immediately open a new position on the weekly option. Sometimes I made the right decision. ;)