SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Phillip C. Lee who wrote (13741)5/18/1998 1:02:00 PM
From: Panos Nikoulis  Read Replies (1) | Respond to of 213182
 
A good rule of thump for options is to buy at least one expiration date out from your event date. After the earnings in mid-April, May 30s looked like a sure bet, especially with new products and WWDC coming, but this didn't happen (of course you could have made some money in the meantime).

For now, I think one needs to go out to at least October in 30s in order to bet on July's MacWorld. It's just too much of a gamble to expect a perfect run-up (or spike) just a few days before July's expiration.

--Panos



To: Phillip C. Lee who wrote (13741)5/18/1998 1:50:00 PM
From: Linda Kaplan  Read Replies (1) | Respond to of 213182
 
Thanks, Phil. Are we sure of the date of the July earnings? The options expire on the 17th. Well I bought some 27-1/2's but Apple's still dropping today, so I could have gotten a nicer price. But it will probably work out okay. Who gets in at the bottom? If I get some more money I will average down or buy some 30's.

Linda


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News