Right now I am not putting any small caps on a watch list because it really depends on the overall market.
VRNG – The only way this stock moves is that the judge makes a final ruling and the true amount is revealed. Right now everyone is trying to speculate what the right numbers are. Hopefully the judge will be ready to make the final rulings on Friday to end the week. A lot of the time the courts do not like running into other weeks unless they really have to.
SPY – I am looking for a move down to the 200MA for the SPY and that would be around 136-137. That would be good for my Nov 138 puts, Dec 135 puts, and Nov 135 puts. I will be looking to lock those in today if we get that move.
AAPL – I would be looking to play a call or put option on AAPL. I would think it would bounce a little today after going so low yesterday. I would be watching the 565 range and if it can get above that it can go up to 570 – 575 pretty easily.
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