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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: pianopoet who wrote (140900)9/16/2012 11:26:02 AM
From: Guth3 Recommendations  Respond to of 213176
 
has anyone thought of playing options on apple from now through january 2013? How do you plan to speculate?

I'm pretty well set with longer term calls for a January run up. I've been lightening up on my shorter term calls and will continue selling 'til right after the October ER. I'm pretty confident there will be a significant pull back sometime in October and/or November. I'm building up my cash reserve to take advantage of an expected pull back. From what level I don't know, that's why I'm selling over time. Just my $.02., I've been wrong before.

The great thing about AAPL the last few years is that you could have sold almost any break out and bought back cheaper. Conversely, you could have bought any correction and sold for a nice profit. I know I'm playing Captain Obvious here, but believe it or not they're are people that don't get that. They make residence over on the Troll Thread.