AAPL Intraday Updates - Archive

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    Posted: 30 April 2012 02:27 AM #31

    Apple II+ - 30 April 2012 05:23 AM

    I sold $665 weekly calls. I don’t think we close the week any higher than that.

    Pffffffft!

    If I see 625 I will do cartwheels.  Emotionally speaking. 

    And then break out into a full-on Snoopy dance.  Emotionally speaking, and NEVER to find its way to YouTube.  Not even from an Apple Store.  raspberry

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

         
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    Posted: 30 April 2012 02:28 AM #32

    Oh, and also:  $665?  That’s $30 in possible income per contract.  Was $665 a typo there?

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

         
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    Posted: 30 April 2012 03:11 AM #33

    Mav - 30 April 2012 04:58 AM

    Well, I guess I’ll kinda answer my own question about what’s on tap tomorrow - quick news search on Bloomberg says something about Asian corporate earnings, an uptick in South Korea manufacturing confidence (watch that space in the future, maybe :bugeyed:), and, uh, the Reserve Bank of Australia’s anticipated 50 bps rate cut:  http://www.bloomberg.com/news/2012-04-30/asian-stocks-rise-as-commodity-prices-climb.html

    Australia’s great and all but I never hear mention of Australian rate cuts in the news.  So, slow news day tomorrow?

    Futures are up early, Asia has strengthened further
    http://www.cnbc.com/id/17689937/site/14081545/

         
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    Posted: 30 April 2012 03:50 AM #34

    Red Shirted Ensign - 30 April 2012 04:43 AM

    We open well, with the overhang from weekly OE removed and the big houses buying after getting their Monday morning analysis and digesting the good news from last week further. The key takeaway…Apple is still not overvalued and the September quarter will be fine despite traditional low-ball guidance from the company.  Portfolio managers want Apple in the month end statements, so they do some window dressing buying.

    This makes Monday and Tuesday good days, and we near 618.  But Wednesday through Friday are softer and we might end up back near 605.  :oh:

    Yep, that’s precisely the way I see it unfolding… except I think Wednesday may be strong as well with the softening coming on Thursday/Friday…

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    Study the natural order of things and work with it rather than against it…  ? Tao Te Ching

         
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    Posted: 30 April 2012 03:58 AM #35

    Mav - 30 April 2012 05:28 AM

    Oh, and also:  $665?  That’s $30 in possible income per contract.  Was $665 a typo there?

    Not a typo. Just trying to make a safe, bullish bet on where AAPL won’t be at expiration. $30 per contract per week can add up to real money with multiple contracts over a year. It’s less than $30 if you factor in the cost of rolling out the contract each week. I may decided to go less OTM in the future for more premium.

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    The only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. — Steve Jobs

         
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    Posted: 30 April 2012 04:23 AM #36

    I forget some here bought AAPL well south of $50.  Moving on!

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

         
  • Posted: 30 April 2012 05:38 AM #37

    4:35 am

    AAPL @ 605, up $2 in pre-market.

         
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    Posted: 30 April 2012 06:39 AM #38

    dreamRaj - 30 April 2012 08:38 AM

    AAPL @ 605, up $2 in pre-market.

    100 shares :groucho:

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    Bought and Held

         
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    Posted: 30 April 2012 06:58 AM #39

    jjjz - 30 April 2012 06:50 AM
    Red Shirted Ensign - 30 April 2012 04:43 AM

    We open well, with the overhang from weekly OE removed and the big houses buying after getting their Monday morning analysis and digesting the good news from last week further. The key takeaway…Apple is still not overvalued and the September quarter will be fine despite traditional low-ball guidance from the company.  Portfolio managers want Apple in the month end statements, so they do some window dressing buying.

    This makes Monday and Tuesday good days, and we near 618.  But Wednesday through Friday are softer and we might end up back near 605.  :oh:

    Yep, that’s precisely the way I see it unfolding… except I think Wednesday may be strong as well with the softening coming on Thursday/Friday…

    Have similar thoughts. After Q1 the money did not start flowing in until the second week after earnings.

    I think that many are waiting to see the train move in one direction or the other and then hop on. We need some initial, higher-volume push above 620 to start the train moving again, though. Who is willing to provide it? I assume Large Cap Value Funds that are still on the sidelines and are currently thinking about the timing of investing in AAPL.

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    “Anyone who has never made a mistake has never tried anything new.” Albert Einstein

         
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    Posted: 30 April 2012 07:17 AM #40

    Hon Hai down the limit on Monday on profit miss:

    http://www.businessweek.com/news/2012-04-29/hon-hai-drops-by-limit-after-net-misses-estimates-taipei-mover

         
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    Posted: 30 April 2012 08:33 AM #41

    AAPL at 601.50 in PM. Hoping to see sub 600, then get in for a nice weekly gain. grin

         
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    Posted: 30 April 2012 09:06 AM #42

    agileandswift - 30 April 2012 11:33 AM

    AAPL at 601.50 in PM. Hoping to see sub 600, then get in for a nice weekly gain. grin

    Well, you got your sub 600. Currently @598 premarket.

         
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    Posted: 30 April 2012 09:08 AM #43

    Buy buy buy!

         
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    Posted: 30 April 2012 09:17 AM #44

    Watching 597 very closely… Could be good support or room for downhill skiing…

         
  • Posted: 30 April 2012 09:23 AM #45

    agileandswift - 30 April 2012 12:08 PM

    Buy buy buy!

    No, no, no smile