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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: kelseysuncle who wrote (5194)	5/6/2013 11:31:58 PM
From: Hepps	1 Recommendation Read Replies (1) \| Respond to of 5205

I've been trading AAPL lately. Wrote the 390 put last week before earnings for 12.40, bought it back a few days after earnings and did a buy at 414 and 420. Now have sold some AAPL7 calls at 445 and 460. Long time until new products come out, so I'm expecting it to retrace back to mid 450s this summer. Fickle stock, not worth 700 nor 390, but somewhere in between. Think part of the problem is that it needs a 10 to 1 split so people can wrap their mind around daily movement. Have also had great luck trading MET, and FB from time to time.RIG and RDS.A in the oil sector are good trades from time to time. Q just isn't offering the premiums it once did. Tired of MSFT, have cut my position by 50%. Spent the money on AAPL.