Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Feb 9, 2017 3:15:48 GMT -8
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Post by CdnPhoto on Feb 9, 2017 4:06:21 GMT -8
TWTR misses big on Revenue, but beats on EPS. Down 9.5% in premarket trading.
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Post by rickag on Feb 9, 2017 4:53:55 GMT -8
Interesting discussions in the comments thread.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Feb 9, 2017 6:34:39 GMT -8
And AAPL is GREEN. Back up over $132 despite Ex Dividend.
Now how far can it go?
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Post by rob_london on Feb 9, 2017 6:38:43 GMT -8
Article in The Times today about the Apple Campus. According to the architects, Foster and Partners, it will now take until at least September to be completed, with staff moved into the building in phases. The building will feature 500 custom-designed 18 foot tables, whilst the fitness centre alone will cost more than $70 million. 1000 bikes will be provided on site for Apple employees. Also... "Apple chief Tim Cook is wooed by Theresa May in private Downing Street talks on Brexit as the tech giant plots its new London HQ" www.dailymail.co.uk/news/article-4207774/Apple-CEO-Tim-Cook-wooed-PM-private-No-10-talks.html
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Post by incorrigible on Feb 9, 2017 8:51:51 GMT -8
Bumping today's thread back to the top. AAPL holding up well ex-div.
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Post by dreamRaj on Feb 9, 2017 11:05:25 GMT -8
Not bad.
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Post by rob_london on Feb 9, 2017 11:14:52 GMT -8
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Post by carbonate24 on Feb 9, 2017 12:20:35 GMT -8
After the morning dip, I'm enjoying the slow, steady climb today. Another 52-week hi. Hopefully, it won't be too long before we crack the ATH not far from here.
Now for a quick side story....
All of these positive days since earnings, combined with the few AFB members who recently purchased some puts based on the fact that AAPL is due for a short-term pull back, got me thinking about a visit to Atlantic City 15 years ago. I was at the Trump Plaza when I spotted a guy playing a roulette table by himself. He had drawn a little bit of a crowd, so I checked things out. Here, the table had produced about 14 consecutive black numbers. This gentlemen was convinced that a Red number was due. He laid down $10,000 on Red plus $1,000 on each Red number 1-36, for a total outlay of $28,000 on a single spin (I don't think I had ever seen a $1,000 chip before, but he had plenty of them). Naturally, the roulette wheel produced another black number. $28k gone. The guy was stunned. I guess my point with this whole story is that I agree with others who have opened some put positions, that Apple will pull back sometime....although as this guy found out, the trend can go on longer than someone might reasonably expect.
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Post by Odd-Lot Richard on Feb 9, 2017 12:32:42 GMT -8
I don't think anyone is betting the farm. I have most of my wealth tied up in long Apple and followed mace and nagrani into their put trades as a really minor hedge, comparatively.
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Post by mace on Feb 9, 2017 12:32:45 GMT -8
... I guess my point with this whole story is that I agree with others who have opened some put positions, that Apple will pull back sometime....although as this guy found out, the trend can go on longer than someone might reasonably expect. I hedged my bet with a bullish vertical call spread , either way I don't lose or win much... lose a little.
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Post by mace on Feb 9, 2017 12:33:32 GMT -8
Look at the IV of TSLA, traders are not expecting much change in prices after result... IV is surprising low... ok, result is in Feb 22, thought is tomorrow. Decently high IV but not as high as NVDA over 140+.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Feb 9, 2017 12:42:13 GMT -8
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Post by carbonate24 on Feb 9, 2017 12:47:44 GMT -8
I don't think anyone is betting the farm. I have most of my wealth tied up in long Apple and followed mace and nagrani into their put trades as a really minor hedge, comparatively. I didn't mean to suggest that anyone here was betting the farm....That situation just stuck with me since the guy was wagering so much money on a trend reversing. Of course, the roulette table is far different than using analysis on AAPL's stock movement. I think hedging with puts is a solid play at this point, and I may end up adding some in the near future to take advantage of the inevitable pull-back. We'll see. This move since earnings, so far, feels a lot like the move we had after earning in the first quarter of 2012 from roughly 400 to 644. I kept taking profits on the way up back then, expecting the stock's run to slow or pull back, and while that was probably the safe/smart move, I wish I had let a bit more ride for longer.
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Post by incorrigible on Feb 9, 2017 12:58:15 GMT -8
I don't think anyone is betting the farm. I have most of my wealth tied up in long Apple and followed mace and nagrani into their put trades as a really minor hedge, comparatively. I didn't mean to suggest that anyone here was betting the farm....That situation just stuck with me since the guy was wagering so much money on a trend reversing. Of course, the roulette table is far different than using analysis on AAPL's stock movement. I think hedging with puts is a solid play at this point, and I may end up adding some in the near future to take advantage of the inevitable pull-back. We'll see. This move since earnings, so far, feels a lot like the move we had after earning in the first quarter of 2012 from roughly 400 to 644. I kept taking profits on the way up back then, expecting the stock's run to slow or pull back, and while that was probably the safe/smart move, I wish I had let a bit more ride for longer. Just like a coin flip, previous results are meaningless. Still 50/50 chance of heads/tails or black/red.
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Post by rob_london on Feb 9, 2017 13:17:03 GMT -8
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Ted
fire starter
Posts: 882
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Post by Ted on Feb 9, 2017 14:02:13 GMT -8
Back when I first joined the old AppleFinance board in 2011 or so, everybody was playing options as AAPL went up and up. A lot of the discussion was about trading. I messaged LoveMyIpad, and she taught me a few things about the virtues and mechanics of spreads... good times.
Well, last year, after pledging not to buy any more options after losing $$ several times, I couldn't resist. In January, 2016, when RSI was at 19, I bought some contracts and created a Jan 2018 105/120 bull call spread. I was planning to hold it to expiry for a 200%+ max gain, but got a bit cautious today and sold for a 135% gain at LT cap gains rate. Felt like old times, but now I'm just in shares, ready for a pull-back or continued upward movement.
If this keeps up, soon it'll be time for artman to start posting the daily ATH numbers again. Cheers to my fellow longs.
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Post by galleybob on Feb 9, 2017 17:23:09 GMT -8
Have we hit all time high? I assume we have because of dividends. Am I right? Thanks
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Post by tuffett on Feb 9, 2017 17:33:30 GMT -8
Back when I first joined the old AppleFinance board in 2011 or so, everybody was playing options as AAPL went up and up. A lot of the discussion was about trading. I messaged LoveMyIpad, and she taught me a few things about the virtues and mechanics of spreads... good times. Well, last year, after pledging not to buy any more options after losing $$ several times, I couldn't resist. In January, 2016, when RSI was at 19, I bought some contracts and created a Jan 2018 105/120 bull call spread. I was planning to hold it to expiry for a 200%+ max gain, but got a bit cautious today and sold for a 135% gain at LT cap gains rate. Felt like old times, but now I'm just in shares, ready for a pull-back or continued upward movement. If this keeps up, soon it'll be time for artman to start posting the daily ATH numbers again. Cheers to my fellow longs. I think long term options are a great way to play AAPL when you buy them opportunistically on oversold conditions as you did.
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Post by Apple II+ on Feb 9, 2017 20:17:35 GMT -8
Have we hit all time high? I assume we have because of dividends. Am I right? Thanks Yes, you are right. Adjusting for dividends, we are at the all time high.
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Post by galleybob on Feb 9, 2017 21:30:53 GMT -8
Have we hit all time high? I assume we have because of dividends. Am I right? Thanks Yes, you are right. Adjusting for dividends, we are at the all time high. Great, thanks! My son and I had a long tradition of high fiving every time every time Apple hits new high. It's been a long time since our last high five. I texted him today that we can start again
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