AAPL - Apple Inc - Page 580

do they report premarket or AH?

tomorrow after hours
 

5:00 P.M. EST

Trading in AAPL will probably be suspended sometime in the after hours just before the numbers are released.

And then trading will resume a little while after the release.

I wish I can sell call options on apple but I need more shares, dang! I would never buy options, especially before earnings on Apple. Just not worth it, you gotta be very lucky, otherwise you lose your shirt

 

I know Im not smarter than the market so I couldn't reliable make option plays like this, sooner or later you are going to lose. Its a losing game to start for 90% of option investors. I know, cause I have lost my shirt one horrible trading session

 

 

No one is smarter than the market, it's all a learning game. Yes, sooner or later you are going to lose, but there is a difference between losing from a small loss or losing from wiping out your account or position. Risk and money management takes practice and discipline. However, it is all but gambling when playing options on earnings.

The one time i looked at apple options today it was trading roughly -$6 and the puts had gained like $2 on a $22 premium. Normally a $6 move in the stock would net you 30-40% move on the option weekly chain. Today, you would have gained under 10% risking $2200 and watching the stock move $6 to get your $200. Thats absolutely retarded, and the stress to just get $200? lol

 

Why not just sit this out until 10am wednesday morning when premium is drained and the stock has its direction. Its not rocket science, and you certainly dont have to play apple every day of the week. You can't win them all.

I plan on winning, not losing. It just doesn't make sense, this is gambling not investing. You can reliably make money by buying undervalued companies and holding for the long term

 

 

lol, everyone wants to win, but that isn't going to be the case. All you can do is refine your trading methodology to limit your losses and know when to take profit and hopefully you have positive expectancy in your favor through that constant refining. No, playing options is not gambling. People who lack a strategy can be considered gamblers or people taking bets on directional plays with earnings, but your average option play would hardly be considered a gamble as long as you aren't taking long shots way out of the money. No one is arguing the investment ideology here so not sure why you felt the need to throw that in there...

Does anyone beside me believe that this 10% correction is an indicator that AAPL will beat? I think that AAPL couldn't sustain anything higher than $640 two weeks ago because it was still in parabolic territory but this correction has given it a solid foothold for it to gain the momentum (being the earnings) to hit $700+. And regarding options, I was thinking of doing some covered calls but after looking at the inflated premiums I decided to let them go.

 

 

1) No, that has little to do with whether it will beat. IMO it beats but we still don't see $700 any time soon.

2) Inflated premiums make covered calls the easiest money ever. 

Half Of America is going to be at a bar celebrating or be at the same bar seeking comfort.

Haha, oh my idiocy. Yes, I'll be doing covered calls then. I forgot I'm selling them at a high price so higher profit. I'm still debating at which strikes to get them at, $600 at $16.25 or the $640 at $7.30... I don't know how well apple will perform if it beats.

AAPL option traders - how to trade the huge premium for er's

 

 

http://tinyurl.com/brqxojf

579 AH. I guess someone really wants AAPl shares the past few hours.

Premiums these last 2 weeks have been ridiculous or about as rigged as they can get. Not easy for the average guy to make money off the Apple calls these last 10 days. Only no brainier was for those that loaded up on shares at under $560 yesterday.

 

 

Apple doesn't usually jump 10% on earnings. The last few earnings I think we have seen at most 6% in either direction. I assume implied range is in the upper $30s or right around $40 at most.

AT&T reported nice beat on increased smartphone sales. Might be a good day for AAPL as this counters the Verizon news.

 

http://www.cnbc.com/id/47119680

$13 swing from the highs in premarket already lol

Yeah AT&T numbers for smartphones were up, but iPhone specifically was down from expected.

AAPL had a good bounce from 556 up to resistance at 575 - 585.

Needs to break through 575 with strong momentum, otherwise test of support in the 550 - 540 area may yet happen.

As noted before, wild swings to nearby support and resistance are well within reach, with earnings after close providing the spark.