AAPL Intraday Updates - Archive

  • Avatar

    Posted: 01 April 2012 09:05 PM #16

    oncdoc - 02 April 2012 12:04 AM
    LEAPfrog - 01 April 2012 11:38 PM

    How much appreciation/depreciation (percentage-wise) can we expect?  Is it worth trading?  I’ve got a couple APR 420’s I’m considering…..

    Quoting from aapltrader:

    http://aapltrader99.home.comcast.net/~aapltrader99/Apple_Trading/April_Option_Play.html


    “Look at the below info on how Apple and a near the money Call and near the money Put traded this past Jan 3rd and 4th. 

    Date               Apple         Apple Jan 21 410 Call         Apple Jan 21 410 Put    
    Jan 3, 2012       $411.23             $10.80                   $9.70
    Jan 4, 2012       $413.44             $9.90                     $6.38

    I pasted the option chains for Jan and Feb monthly options below for Jan 3rd and and Jan 4th. 

    As you can see, Apple moved up $2.21 but the Jan 410 call dropped by 8.33% and the 410 Put dropped by 34% in 1 day.  The implied volatility for the Apple 410 calls was 28.17% on Jan 3rd and dropped to 22.68% on Jan 4th.  “


    Does this impact spreads?

         
  • Avatar

    Posted: 01 April 2012 09:15 PM #17

    Phoebear611 - 02 April 2012 12:00 AM

    Maybe it’s me—but I just don’t see it.  Looks like Ashton Kutcher is playing Steve Jobs in an indie film titled “Jobs”—weird.

    http://www.huffingtonpost.com/2012/04/01/ashton-kutcher-steve-jobs-movie_n_1395193.html

    I thought this was an April fool’s joke…?

    Signature

    Full Disclosure:

    - Long Apple
    - Pro: Apple HDTV, iPhone Air, Stock split, Consumer robotics

         
  • Posted: 01 April 2012 09:16 PM #18

    agileandswift - 02 April 2012 12:05 AM
    oncdoc - 02 April 2012 12:04 AM
    LEAPfrog - 01 April 2012 11:38 PM

    How much appreciation/depreciation (percentage-wise) can we expect?  Is it worth trading?  I’ve got a couple APR 420’s I’m considering…..

    Quoting from aapltrader:

    http://aapltrader99.home.comcast.net/~aapltrader99/Apple_Trading/April_Option_Play.html


    “Look at the below info on how Apple and a near the money Call and near the money Put traded this past Jan 3rd and 4th. 

    Date               Apple         Apple Jan 21 410 Call         Apple Jan 21 410 Put    
    Jan 3, 2012       $411.23             $10.80                   $9.70
    Jan 4, 2012       $413.44             $9.90                     $6.38

    I pasted the option chains for Jan and Feb monthly options below for Jan 3rd and and Jan 4th. 

    As you can see, Apple moved up $2.21 but the Jan 410 call dropped by 8.33% and the 410 Put dropped by 34% in 1 day.  The implied volatility for the Apple 410 calls was 28.17% on Jan 3rd and dropped to 22.68% on Jan 4th.  “


    Does this impact spreads?

    From the referenced page above: “This does not impact any typical spreads (bull put / bull call) with the same expiration date as both legs drop in value.  However, be careful if you are legging in / out of spreads around these days.  “

         
  • Avatar

    Posted: 01 April 2012 09:30 PM #19

    LEAPfrog - 01 April 2012 11:49 PM
    Mav - 01 April 2012 11:47 PM

    Uh…_420s_?

    YUP smile

    Wow!  You have remarkable patience! :D Way to go! smile

         
  • Posted: 01 April 2012 09:48 PM #20

    Some door reading:

    Blow-Off Top Rally Coming


    http://bbfinance.blogspot.ca/2012/03/blow-off-top-rally-coming.html

         
  • Posted: 01 April 2012 09:50 PM #21

    LEAPfrog - 01 April 2012 11:38 PM

    How much appreciation/depreciation (percentage-wise) can we expect?  Is it worth trading?  I’ve got a couple APR 420’s I’m considering…..

    It’s not always obvious on the announcement.  But I agree with another—your deep ITM calls won’t see much impact, if any.

         
  • Avatar

    Posted: 01 April 2012 10:00 PM #22

    agileandswift - 02 April 2012 12:05 AM

    Does this impact spreads?

    I posted some info on how the actual math works on Vega & volatility changes in the option thread.  It is here. Hope it helps.

    Signature

    Jan13 $600 or BUST! LEAP Spread Trial: Bought Jan13 590/600 BCS @1.45 on 9-21-2011
    Max Profit: 689%  Current Price:
    4.50 +210% as of 5-2-2012 - Woohoo! Finally Green!

         
  • Avatar

    Posted: 01 April 2012 10:18 PM #23

    lovemyipad - 02 April 2012 12:30 AM
    LEAPfrog - 01 April 2012 11:49 PM
    Mav - 01 April 2012 11:47 PM

    Uh…_420s_?

    YUP smile

    Wow!  You have remarkable patience! :D Way to go! smile

    I’m confused by this exchange.  LOL

    Just me, but I wouldn’t use deep ITM close-to-expiry calls to play earnings.  The time premium to go farther out isn’t that big a deal IMHO.

    [ Edited: 01 April 2012 11:03 PM by Mav ]

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Avatar

    Posted: 01 April 2012 10:44 PM #24

    The pieces are starting to fall into place.  Seems the markets wanna rally!

    I wouldn’t mind a dip to buy some options or BCSes but I’m fine whichever way AAPL goes other than down like a rock.  Which I really doubt.  The earnings tractor beam is getting ready to fire…

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Posted: 01 April 2012 11:23 PM #25

    Mav - 02 April 2012 01:44 AM

    The pieces are starting to fall into place.  Seems the markets wanna rally!

    I wouldn’t mind a dip to buy some options or BCSes but I’m fine whichever way AAPL goes other than down like a rock.  Which I really doubt.  The earnings tractor beam is getting ready to fire…

    You reckon?

    They just finished the best quarter in 14 years, I read this weekend

         
  • Avatar

    Posted: 01 April 2012 11:34 PM #26

    Context, roni.

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Posted: 01 April 2012 11:38 PM #27

    Mav - 02 April 2012 02:34 AM

    http://refrigeratorlogic.files.wordpress.com/2008/05/_41668006_slap416.jpg

    Context, roni.

    Exactly, Mav

         
  • Avatar

    Posted: 01 April 2012 11:40 PM #28

    Exasperated, roni

    Futures still looking solid.  AAPL goes up, it gets a little oversold, either works for me.

    Might actually try a Buy the Dip order for April calls or BCSes before market open.  Of course, if the trade goes wrong, I completely blame Rudyo mad

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Posted: 01 April 2012 11:52 PM #29

    Mav - 02 April 2012 02:40 AM

    Exasperated, roni

    Futures still looking solid.  AAPL goes up, it gets a little oversold, either works for me.

    Might actually try a Buy the Dip order for April calls or BCSes before market open.  Of course, if the trade goes wrong, I completely blame Rudyo mad

    What are you exasperated about.

    I sometimes do not have a clue what you are talking about.

         
  • Avatar

    Posted: 02 April 2012 12:12 AM #30

    You made a little joke about a market rally because I didn’t say something more like “looks like an up day tomorrow” and left open for interpretation that I’ve been hiding under a rock and haven’t noticed a pretty epic world market rally the past quarter (and I was a little imprecise I guess, since US indices were doing fine, it’s just the Asian/Euro markets that cooled off recently…or something, it’s mostly AAPL I follow anyway) 

    I made a little joke with the upside head slap and the “Intraday is silent” note via “Context, roni”

    You replied with two words, a comma and no punctuation

    So did I, and no I ain’t all that exasperated because I wouldn’t have pivoted so quickly

    I lack communication skills

    And there we are.

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.