With the stock now split, I believe it will quickly move to $100.00. Whereas Steven Jobs apparently did not like the concept of a stock split, the market has shown just how much it likes a split. When the split was announced the stock would have opened at around $75.00. The weeks leading to the split saw the stock rise to a new 52 week high before the split today.
For the time being I will be continuing with the Apple Stock Biweekly Put Selling trade until I notice a chance in volatility which makes Put Selling less profitable. That however may not happen as the stock continues to rise volatility should keep option premiums reasonably decent.
Apple Stock Biweekly Put Selling Trade for June 9 2014
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