I see though, that after I close my short, I am going to go long on a 2017 Call for 600. I see 600 as a possibility within the next 2 years. I actually see 1200 as a possibility in 2 years.
I absolutely agree that options are the way to go here. But I would wait for a new all time high over $480 before shorting.
Good luck,
-C.
This is exactly what i'm waiting for. I have made a fortune when I did this same strategy last year. This time though, I do plan to hold a long after my put.