AAPL didn’t trade quite low enough on Friday to allow us to attempt the first leg of a 300-310-320 butterfly spread. Specifically, we want to buy the Nov 300-310 call spread twice for around 2.10-2.20. You should attempt this if and when Apple falls to a midpoint support at 280.20 (24 cents lower than the target given here earlier).  Our goal is to leg into the other half of the position, shorting the 310-320 call spread, with the underlying stock peaking at a short-term Hidden Pivot rally target. ______ UPDATE (Monday, 12:43 p.m. EDT): We bought the spread twice for 2.10 when the stock temporarily bottomed at 280.40.  Do nothing futher for now. Our goal going forward is to short-sell two Nov 310-320 spreads for 2.10 or more. That would lock in our butterfly for “even” or possibly a credit, giving us a position that cannot lose money but which has the potential to produce a total gain of as much as $2000. That would occur if the stock is trading around 310 when the November options expire. ______ UPDATE (Tuesday, 12:16 p.m. EDT):  A powerful rally today has made it possible to short the Nov 310-320 call spread easily for 1.90.  I suggest doing so — twice — against the Nov 300-310 call spreads purchased yesterday for 2.10.  This will give us the Nov 300-310-320 ‘fly twice for a net debit of 0.20 apiece(!).  The most we can lose on this position is $40 plus commissions, but if AAPL is trading near $310 when the Novermber options expire, it could be worth as much as $2000 to us, or $1000 for each butterfly spread.