$AAPL Apple Weekly $375 10/4/11 Daily Chart

With today being a huge annoncement day for Apple and its new Iphone 4S there was a lot of crazy trading.  Enjoy this chart.

 

It peaked at noon today, before the $AAPL announcement trading for $12 a contract.  By 3pm it was worth $2.  And in the last hour of trading it rallies from $2 to $6.  There were 2 huge trades in this option today.  Short it from noon to 3pm going from $12 down to $2.  Then long it at 3pm and go from $2 to $6.  Get on the right side of either one of those trades and you had a good day.

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