chinacat
Moderator
AAPL Long since 2006
Posts: 4,432
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Post by chinacat on Jan 12, 2018 6:56:01 GMT -8
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Post by incorrigible on Jan 12, 2018 7:12:40 GMT -8
Thanks chinacat for kicking us off in Since84's absence.
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Post by osx10 on Jan 12, 2018 7:56:17 GMT -8
Can we have every Friday be like this one?
Just hit $177 - Max Pain is 172.50 fwiw.
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4aapl
Moderator
Posts: 3,655
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Post by 4aapl on Jan 12, 2018 9:58:34 GMT -8
I'm breaking with tradition and going to do a little trading this week. Aside from a couple after hours trades around earnings maybe 15 years ago, I've been a buy and hold guy for over 20 years with AAPL now.
Sure, there were some options in there, which were often FUN, but with the stock I've just held, expect when I couldn't due to a margin call or buying a house.
Well, I'm feeling some conviction on a drop down to 170 next week for leap expiration. Maybe a dual-news week, with some negative piece out before the opening monday to drop the price to 173-174, and then another on Thursday or so for 172. Then come Friday afternoon, witness the strong push down. We've seen in before. We'll see it again. And my bet is we'll see it next Friday.
One way to play it is to buy some options. A 175-170 bear put spread is 60 cents, so that could pay off nicely. It would also let you hold onto your shares, and 60 cents isn't a bad amount to lose.
But I'm feeling boring, so I just sold the shares in my ROTH at 176.91. If the stock does get down to 170, I'll make a decent amount on the difference. I won't bother with the exact numbers, but it would be a nice weekly payoff.
Let's see how this works out...
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Post by joel90069 on Jan 12, 2018 11:05:05 GMT -8
I agree entirely. Expect questionable claims from Nikkei, DigTimes or Taiwan's Economic Daily.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,432
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Post by chinacat on Jan 12, 2018 11:44:02 GMT -8
Just noticed that we hit a new all-time intraday high, $177.35 (so far). If the positive China predictions play out, we should all be very happy in a couple of months.
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Post by dreamRaj on Jan 12, 2018 12:13:11 GMT -8
... Well, I'm feeling some conviction on a drop down to 170 next week for leap expiration. Maybe a dual-news week, with some negative piece out before the opening monday to drop the price to 173-174, and then another on Thursday or so for 172. Then come Friday afternoon, witness the strong push down. We've seen in before. We'll see it again. And my bet is we'll see it next Friday.. ... That's what is holding me back too. From 177 to 170 would be a horrible drop but not something the call wall MMs can't make happen. In the next hour I'll be selling 10 Jan 2018 150 calls that I'd bought at $7.50 earlier last year. This week's gain seems like a bonus and I don't want to lose the chance of locking in my profits of almost 20K instead of risking it till next week and making $7K less. 4aapl - My Feb 190s that I'd started collecting after the previous ER's lackluster pop are bleeding. But a lot can change in one month.
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Post by artman1033 on Jan 12, 2018 12:53:50 GMT -8
AAPL ALL TIME HIGH! $177.35 All Time Highest TODAY intraday
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Post by dreamRaj on Jan 12, 2018 13:17:52 GMT -8
... Well, I'm feeling some conviction on a drop down to 170 next week for leap expiration. Maybe a dual-news week, with some negative piece out before the opening monday to drop the price to 173-174, and then another on Thursday or so for 172. Then come Friday afternoon, witness the strong push down. We've seen in before. We'll see it again. And my bet is we'll see it next Friday.. ... That's what is holding me back too. From 177 to 170 would be a horrible drop but not something the call wall MMs can't make happen. In the next hour I'll be selling 10 Jan 2018 150 calls that I'd bought at $7.50 earlier last year. This week's gain seems like a bonus and I don't want to lose the chance of locking in my profits of almost 20K instead of risking it till next week and making $7K less. 4aapl - My Feb 190s that I'd started collecting after the previous ER's lackluster pop are bleeding. But a lot can change in one month. Update: Sold my 10 150s at 26.90. Next week should be interesting with the likelihood of AAPL getting hammered. That would be a good opportunity to buy/buy more because the lead-up to ER will be lucrative.
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Post by artman1033 on Jan 12, 2018 16:07:24 GMT -8
AAPL ALL TIME HIGH!$177.35All Time Highest TODAY INTRADAY 25,405,833 shares traded today AAPL ALL TIME HIGHEST CLOSE!$177.09aaplinvestors.net/stats/rank/AAPL market CAP. 901.88 BILLION AAPL ALL TIME HIGH market CAP. 910.00 BILLION ] 12/18/2017 AAPL ALL TIME HIGHEST AFTER HOURS CLOSE! $177.35
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