The iPad will be on sale in a couple of days. Will it boost Apple's shares or will it disappoint Apple's customers?I have no idea, honestly. For some aspects I do like it, for others I am afraid it cannot do many things without paying extra bucks.
So, what should we do? Well, regardless on iPad's success or failure I would expect Apple's shares to move in one way or another.
I would suggest to buy both Call and Put options on AAPL. I just bought the same amount of contracts for April 17th AAPL options with strike price $235. The cost of 1 call + 1 put contract should stay close to $6. This means that if AAPL goes under $229 or above $241, then we gain.
But beware: if AAPL stays around $235 we lose. So just bet a few hundreds dollars on this.
