When I looked at their "bungee cord" fiscal deal.. it just a patch work. US increased taxes for their "higher than average" income earners only for those who earned more than $US 400K/year.  Looks like Obama's 250K ceiling  has been raised much higher. No way, they can extract much taxes from those because there are just so few of those income earners (less than 1%) and the higher the income, they're much smarter to find ways to pay less tax.

Again, no debt ceiling being addressed, just kicked that can down the road.
I think we'll just another chance to sell again hard in Feb/March. 

I like to see a reversal to fill that gap..get me some money then I'll go for PUTs. 

I'm out flat overnight. AAPL didn't bounce.. so better stay in cash to be safe.

The news that Samsung ships 100 mlns phones adds more selling pressure for AAPL.
So, the winning side of smartphones war now is at Samsung side. 

Oh yeah! Here come the whoosh.... I'm in AAPL PUTs now. Got in with 495 via auto-trigger. Now, $500 is resistance.
I'll add more PUTs in the next leg up. Market is also pulling back at the same time.

Like to see we go all the way to 485 for 1st exit. 

After hours, AAPL: 460  -10.5% 
More than the 5% move that I was hoping for.

Nice, I expect the PUT gain to exceed all my CALL loss tomorrow when market opens tonight.