$AAPL now to $700? What’s the probability Carl Icahn?

Oh boy!!  Carl Icahn said yesterday that Apple could now go back to $700 if certain things happen with the company (NO time frame given).  His Tweet yesterday jacked up the price by $24/share in just a few minutes, but what are the real chances that Uncle C is right?  Something tells me his schtick is getting old…..

aapl

Facts*: 

As of 8/14/2013, AAPL was trading for $497.00

  • Probability of closing at/above $700 in 93 days = 2.13%
  • Probability of closing at/above $700 in 156 days = 2.70%
  • Probability of closing at/above $700 in 247 days = 5.69%
  • Probability of closing at/above $700 in 520 days = 10.25%

*Data from Thinkorswim options statistics, 8/14/2013

Trade small, trade often and be informed………. and watch tastytrade!

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About thefront9

Independent trader with a flexible approach to the markets. Position trading, swing trading and day trading using Futures, Equities and Options. This site is intended to help others (and myself) see what I see and to stay true to the discipline of making trades at the extremes. Contrarian and TastyTrade addict! Living in Texas with my family, helping others and maybe playing some golf from time to time makes life busy and great. Add a little music and humor and that just about sums it up. Trade the extremes and manage risk.....always!
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