AAPL - Apple Inc - Page 575

Write covered calls on ur stock

Ull lose upside but at least make some $ n drop ur price

But with earnings a drop might not be the best as u cannot exit

Prob best to hold

Anyone want to take a guess how much it will drop if earnings are below forecast? 

I'll sell half on Monday or Tuesday and write covered calls on the rest. I'll also buy some OTM puts as another way to hedge. I'm in no way only going to be one sided.

I'm waiting for the $580.00 print. So far LOD is $580.15.

 

ED: Just printed $580.00 Let's see where it heads now...

 

There is so much up in the air right now, and several big factors to look at. From iPad (likely to be great) and iPhone (possibly bad) sales in the quarter, then you have to look at forecast, given possible supply issues (Qualcomm), and also new products on the horizon (iPad mini?, iPhone 5, etc.). So many different angles on this one.

 

If earnings miss, I doubt it will miss by much and we probably won't have a big pullback, though it may reinforce the downtrend. If we meet or exceed, we might just stay flat or inch up. If we exceed by a lot, we might restart our rally.

Yeah good eye V, solid bounce w/ .00s holding, it's probably a good short, rip through 580 w/ shakeout the bounce is probably a good play if we get stopping volume. Seems to have a mind of its own this week, probably mostly chewing up earnings premium on next week's options.

Someone flashed 44.5K shares on bid at 580 a minute ago, sheesh that is some expensive defense. Looks like it was a false bid.

still two bucks in premium on those 580 calls for today. Insane... that I even want to play these moves...

AAPL never filled the gap at 568, maybe it'll do it this go around.

Taking out 580.

We already had a great bounce Tue-Wed, don't know when the next one happens.

 

 

 

anyone of you guys are able to buy more than 3 options per week and have less than $25k ? cuz IB stopped me from trading for a week because i bought/sold 3 options on wednesday ffs

Not too far away.

 

 

I already answered your question.

You should be able to Buy and Sell as many Options as you desire as long as you have sufficient settled funds in your account.

 

 

If he has a margin account though, 3 round trips on one day, he can only buy and hold overnight until the 5 business day rolling period gives him his 3 back.

Aimee: We do not allow accounts to be downgraded from margin to cash. You would need to complete a totally new cash account application online.

 

Lol, fuck me.

Thanks Bishop. That's why I have a Cash Account.

I can trade Options as much and as often I want as long as I have adequate settled funds.

I bought 9 shares @ 576.83. Im gonna play the earnings next week

 

GLTA!!!

Good luck. I think its gonna swing big either way, hope not down for your sake. I think bottom could be around 550 range. I was planning on playing but got cold feet.

Pleaseee selloff continue

Id love to see 500 or even 530