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

To: ggamer who wrote (170067)	5/30/2014 12:44:59 PM
From: Since1998	2 Recommendations Recommended By david1951 HerbVic Read Replies (1) \| Respond to of 213181

The options pricing doesn't suggest a large near term price movement will occur. We've already had a 120 point gain since earnings were released April 23rd. It suggests investors are overpaying for their options bets based on recent price movements. Most options expire worthless. Too many options investors are taking their gains from May and betting on more gains in June. They may get lucky again in June or maybe they won't. Wall Street will win eventually. One way to beat the system is to invest in a profitable company like Apple which is focused on long term growth, and which takes care of its shareholders. Then increase your position modestly on dips and sell some out-of-the-money covered calls when implied volatility spikes up like this. It's not as glamorous as getting rich quick on options, but it's the best way I've found to beat the market over time.