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

To: zax who wrote (23098)	10/28/2012 12:25:51 AM
From: sylvester80	Respond to of 32692

Even the Feb ones are make believe All you have to do is look at 2014 $650 and $750 strike prices (equivalent to the 2014 $600 leaps when the Apple PPS was $450-550 in Feb) to get an idea on premiums. And they are only 14 months out instead of 23 months like his were (which would mean that he would have paid a higher premium back then - to get an idea how much higher, look at the same strikes for Jan 2015). The guy is full of it as always.

To: zax who wrote (23098)	10/28/2012 12:42:11 AM
From: sylvester80	2 Recommendations Read Replies (1) \| Respond to of 32692

PROOF: In Feb the PPS was 450-550. So for $600 2014 leaps in Feb, the equivalent today when the PPS is $600 would be strikes of $650-$750. Here are the premiums close Friday: Jan 2014 $650 = $67.63 Jan 2014 $750 = $38.50 But you also have to account for the fact that we are only 14mo from expiration now vs. 23mo back in Feb. as I said that's a 9/23 or 40%. So in Feb he would have paid about a 40% higher premium than the above. And to prove that, here are the same strikes expiring at 26mo (2015 leaps) to compare with the 14mo ones (2014 leaps) Jan 2015 $650 = $102.6 or 60% more Jan 2015 $750 = $72.10 or 80% more Case closed.... the guy is full of it... as always...