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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (5040)	1/18/2010 7:16:20 PM
From: Road Walker	Read Replies (1) of 5205

I'm afraid it might have more downside risk than upside potential. It's probably a good play, but just a whisper of trouble could bring it crashing down. That's sort of the consensus on the AAPL thread. The market cap is at a point where it's challenging the highest in the country.... a double in stock price would make it the most valued company in the US (kiss of death?). But I think you would have to be very nimble. Earnings first, then the announcement. Might be a 2-3 trade deal at least; my guess is you do the exact opposite of the trend (with patience). I'm actually thinking about taking time off work to trade... relive the glory days!

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