Apple

[Grieve]

Do you think the iPhone 5 is gonna bump the stock??

News all over the Apple rumor sites this week is that there will be no iPhone 5, only an iPhone 4S (same body, faster processor and bigger camera).

If that's the case, AAPL is going to tank HARD on Tuesday. I can't quite bring myself to believe it, but it is plausible (there was an iPhone 3G and then a 3GS a year later with the same design).

If the market pops on Monday, I may well sell some of my call spreads. If it sinks lower, I'll probably cling on and hope earnings juice the stock.