Apple (AAPL) will reap the benefits of the Facebook (FB) fiasco

Facebook (FB) fell sharply at the open today, falling 12% to $33. This can only be good news for Apple(AAPL), as folks will look to go back into something that is actually extremely undervalued at $536. We expect Apple (AAPL) to trade over $560 this week and purchased the $565 calls for .68. We will continue to add as we think Apple (AAPL) we perform almost like a 'flight to safety' trade as the Eurozone mess works itself out.

JimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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