Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Dec 13, 2014 18:40:27 GMT -8
Lower oil prices have been boffo for American Airlines. It's at a 52week high. If I have my airlines correct, I think AAL didn't hedge on oil, hence, the ATH. Buy airline stocks. Who knew? Well, not me...whoops.
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Dec 13, 2014 18:41:54 GMT -8
I just got around to reading the piece in the Financial Times on Tim Cook (their Person of the Year). Written by Tim Bradshaw, who on recent form seems to have good contacts, the article included this line: "...there are whispers on Appleās campus about another secret project, on the scale of the iPhone or Watch, which is pulling in talent from across Cupertino." New product categories and all. Apple has more resources to bring to bear. Apple Pay + Apple Watch are very ambitious projects, and we got two announcements in one year (even if only one launches this year).
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,189
|
Post by JDSoCal on Dec 13, 2014 20:22:49 GMT -8
My prediction is that Gene Munster will finally be vindicated in late 2015. Not that most people will give him credit, stopped clock is right twice a day, etc...
|
|
|
Post by firestorm on Dec 13, 2014 20:37:17 GMT -8
My prediction is that Gene Munster will finally be vindicated in late 2015. Not that most people will give him credit, stopped clock is right twice a day, etc... So, you think that Apple will finally create a smart TV? I am in a motel room while crossing the country and once again I find that the old television model in America really sucks. Is there anything more depressing than the "57 channels and nothing's on" model of regular cable television? I got so bored with television here in Rapid City, South Dakota, that I've turned to the internet for entertainment, which I pretty much do all the time anyway. An aside: my mother-in-law asked if I was going to visit Mt. Rushmore since it is so close to Rapid City. I replied that I've already been there, and will only return when a gigantic stone carving of Obama's head has been added to the left side of the monument.
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,189
|
Post by JDSoCal on Dec 14, 2014 10:13:42 GMT -8
My prediction is that Gene Munster will finally be vindicated in late 2015. Not that most people will give him credit, stopped clock is right twice a day, etc... So, you think that Apple will finally create a smart TV? I am in a motel room while crossing the country and once again I find that the old television model in America really sucks. Is there anything more depressing than the "57 channels and nothing's on" model of regular cable television? I got so bored with television here in Rapid City, South Dakota, that I've turned to the internet for entertainment, which I pretty much do all the time anyway. An aside: my mother-in-law asked if I was going to visit Mt. Rushmore since it is so close to Rapid City. I replied that I've already been there, and will only return when a gigantic stone carving of Obama's head has been added to the left side of the monument. Yes, I think Apple will, and must do a smart TV. They are becoming ubiquitous, vitiating the need for separate set-top boxes. Apple needs to get in there and take the living room before someone else does. Google is already on it, although in their usual ham-handed way. And I mean more than just the current Apple TV built into an expensive 4K display. It does need the a la carte content, but also hopefully an Internet device beyond just the typical Netflix/iTunes. Full Internet connectivity and browsing. And of course a media player. Check out the awesome (Android) STB you can get for $100 today: Minix Neo X6 Review
|
|
bud777
fire starter
Posts: 1,354
|
Post by bud777 on Dec 14, 2014 13:43:57 GMT -8
Some people never know when to quit! You would think that my good fortune with the mortgage would be enough to have me just content to dive into the money room and do the backstroke, but I have another idea that I would like to throw out there for comments. Forgive me in advance for needing advice on such a simple strategy, but i really am a novice when it comes to options.
My faith in Apple is such that very little would make me ever sell the stock. I would ride it down to 50 again without even considering selling. I mention this because it is one of the key assumptions underlying what I want to do. Here is the scenario: Let's say that I have 10,000 shares and we are at 109. I want to sell 100 put contracts with a 100 strike that mature in January 16. If Apple takes off and hits 130, I will buy them back. If Apple heads south, I will sell my shares when Apple reaches the strike price of 100. Assume that Apple then drops to 80 and the buyer puts the shares to me. I take the money from the sale and buy the shares. I now own 10,000 shares at 80 each, just like I would have if I had passively held the shares. During the time that I am out of Apple, the receipt from the puts offsets the lost dividends. If Apple reaches the strike price and I sell and then Apple goes back up, I may have to buy back in slightly higher, but again the proceeds from the puts more than offset this loss.
Given the assumptions that I would be in Apple at 80 regardless, I cannot find the downside in this strategy. Someone with a clearer mind and sharper pencil, help. On the other hand, if it makes sense and works for you, Merry Christmas and you are welcome
|
|