dumped my shares of goog when apple hit 490, payed off large.
Read this article.... looks like this is trick of accounting rules
Cobalt Coal post 219
While we sit at our keyboards and gaze at the numbers and charts..the real risk is taken by the workers.
Our risks..." maybe get a blister on our mouse finga.. maybe get a blister on our bum...
"they gotta move that damn conveyor , they gota suck that dust into their lungs"
The charts and the numbers do not reflect the human element. That unknown is what keeps it all interesting! What all investors do is gamble that there are enough people who will risk hazards such as black lung to move some numbers around in a portfolio. This disconnect is ignored! Every item of " stuff " in your house comes from the efforts of humans somewhere in the world who get up and go to work in environments which can be highly toxic and dangerous.
440 naked? If you wrote those puts at the $440 strike, you should be thrilled at the current price since they most likely aren't going to be exercised (without Apple dropping around $80). Did you mean 440 calls or 540 puts? Or did you mean you actually bought those puts (which is news to me because I was always aware of you writing naked puts in hopes of increases, like your naked $500 puts)?