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Technology Stocks : Apple Inc.

AAPL 269.06

-0.5%

9:30 AM EST

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To: Lahcim Leinad who wrote (128719)	3/20/2012 9:29:38 PM
From: rnsmth	3 Recommendations Read Replies (1) of 213172

Well, we have two positions right now, Jan 2014 $600 LEAPS, in the money for the moment, and October $550 calls- well, we have cash too. The cash position is equal to the account totals on Jan 1. The account finished the day up 298% since January 1. I think Jan 2014 LEAPS will be a 5 or 6 bagger before they expire, maybe before the end of this year. The Octobers are basically a April earnings play, with enough time to be a little wrong. TTM earnings after the April report will be over $40 a share, I think. May isn't always such a good month, but we'll have to see what happens. It is very cool that this is happening in the year before we retire. I feel like I must have accumulated some karma at some point in time.

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