With DaBoyz short-squeezing rumors of a fiscal-cliff agreement for all they’re worth — and then some — I’ve recommended raising the stop-loss on our January 128 DIA puts to 0.80.  Those of you who hedged the original put purchase by shorting puts of a lower strike against them for more than 1.00 should sit back and enjoy the show, since you effectively hold a free lottery ticket.

My gut feeling is that with yesterday’s short-squeeze rally, bulls have gained working control of the broad averages for the remainder of the year. Moreover, they are in good position to put a vise grip on the testicles of bears who have enjoyed being short in Apple.

Doesn’t that imply that we should placing some leveraged bets in Apple shares right now?  Indeed it does! Check out today’s tout to see the plan.  I’ve spelled out in detail a bullish butterfly spread that will be geared toward beginners with option accounts.  If you have only lost money trading options and think puts and calls suck, please do give this one a try.  Don’t subscribe? No problem: CLICK HERE.