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Technology Stocks : Apple Inc.

AAPL 271.01

-0.3%

Jan 2 9:30 AM EST

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To: spitsong who wrote (33477)	5/25/2002 10:28:00 AM
From: fmikehugo	of 213177

Pinza - I got called out during the previous expiration cycle (expiry 4/19), even though AAPL closed at 24.98. I got back in at a reasonable point and I'm sure you will too. So on this one I bought back on expiration Friday (5/17) at .10 and rolled out a month at 1.10. These close shaves on expiration day are getting to be a habit. The 3rd week in June is not only expiration (6/21) but also the week when AAPL historically starts the run to MWNY and earnings. That will present some interesting choices. Sell the stock and load the truck with options? Hold the stock and buy the options on margin? Buy on Friday with help from MaxPain or on Monday and save two days time premium? Buy Julys or Augusts? In the money or out? Fun! I can't remember what I did for entertainment (much less profits) before I discovered what a wonderful trading stock AAPL is. Peace Mike Hugo

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