AAPL Intraday Updates - Archive

  • Avatar

    Posted: 06 August 2012 11:03 AM #31

    Good Morning


    I am now the proud owner of a few LEAP contracts.  800 Jan14.

    They are red for the moment, but in 10 months they will give me 700% returns. :-D


    Our stock is stuck under 620.  Let’s see what happens next week following the dividend.

         
  • Posted: 06 August 2012 11:14 AM #32

    omacvi - 06 August 2012 02:03 PM

    They are red for the moment, but in 10 months they will give me 700% returns. :-D

    You sound so certain and precise about that! Last time I bought far-out far-OTM leaps I expected 500% and got 850%.

    Just sayin’, don’t be too sure about that number wink


    (Of course, thanks to stupid restrictions on accounts at brokers that I have since dumped, I was only able to invest a tiny tiny portion of what I wanted to. 9.5x almost nothing is still not all that much. Sigh.)

         
  • Avatar

    Posted: 06 August 2012 11:14 AM #33

    Here comes the first push toward 620….. Grunt!

    Signature

    AAPL: to boldly go where no stock has gone before

         
  • Posted: 06 August 2012 11:21 AM #34

    Red Shirted Ensign - 06 August 2012 02:14 PM

    Here comes the first push toward 620….. Grunt!

    I’m not a big TA guy at all, but it sure seems to me like there’s a lot of “built-up tension” around this point—and that it will either go through and spike up dramatically, or bounce off 620 hard into a fast pullback.

         
  • Posted: 06 August 2012 11:26 AM #35

    greedyn00b - 06 August 2012 02:14 PM
    omacvi - 06 August 2012 02:03 PM

    They are red for the moment, but in 10 months they will give me 700% returns. :-D

    You sound so certain and precise about that! Last time I bought far-out far-OTM leaps I expected 500% and got 850%.

    Just sayin’, don’t be too sure about that number wink


    (Of course, thanks to stupid restrictions on accounts at brokers that I have since dumped, I was only able to invest a tiny tiny portion of what I wanted to. 9.5x almost nothing is still not all that much. Sigh.)

    Question is, do we go for 2014 now, or we wait a month and load 2015 up?

         
  • Avatar

    Posted: 06 August 2012 11:29 AM #36

    For now I’m playing it conservative.

    Rolled down short calls on Sep 12, put on a mild hedge on my Apr 13s.

    The market itself is OK, but some of tech and AAPL seem a little lethargic.  Betting on AAPL not going up 25 in a single day if 620 is crossed.  I could be wrong, of course.

    Signature

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

         
  • Avatar

    Posted: 06 August 2012 11:30 AM #37

    mstefa - 06 August 2012 02:26 PM

    Question is, do we go for 2014 now, or we wait a month and load 2015 up?

    Do the 2015s come out in a month?  I’d wait.  Seems to be a bit early for them though.  More than 2 years.

    Signature

    “Knowledge speaks, but wisdom listens.”
    - Jimi Hendrix

         
  • Avatar

    Posted: 06 August 2012 11:32 AM #38

    mstefa - 06 August 2012 02:26 PM
    greedyn00b - 06 August 2012 02:14 PM
    omacvi - 06 August 2012 02:03 PM

    They are red for the moment, but in 10 months they will give me 700% returns. :-D

    You sound so certain and precise about that! Last time I bought far-out far-OTM leaps I expected 500% and got 850%.

    Just sayin’, don’t be too sure about that number wink


    (Of course, thanks to stupid restrictions on accounts at brokers that I have since dumped, I was only able to invest a tiny tiny portion of what I wanted to. 9.5x almost nothing is still not all that much. Sigh.)

    Question is, do we go for 2014 now, or we wait a month and load 2015 up?

    Both:)

    I was projecting 1700% on a very OTM leap.  Mercel talked me out of it.  If we hit that target, I will send him a bill for $180K for lost profits.wink

         
  • Avatar

    Posted: 06 August 2012 11:36 AM #39

    Sigh…

    I’m indecisive. 

    As an “upside hedge” I bought some Aug 12 615/635s.  High 618+ seems to be holding and the chart is looking better now.

    Signature

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

         
  • Posted: 06 August 2012 11:42 AM #40

    mstefa - 06 August 2012 02:26 PM

    Question is, do we go for 2014 now, or we wait a month and load 2015 up?

    That’s a very good question. Ask me again in January and I’ll tell you what you should have done wink

         
  • Avatar

    Posted: 06 August 2012 11:48 AM #41

    BAM! 620+

    Signature

    Because Longer is better…....

         
  • Avatar

    Posted: 06 August 2012 11:50 AM #42

    Nice to see you again, 620.  Can it hold?

    AAPL regained mkt leadership.  Outperforming the indices as of a minute ago.

    Signature

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

         
  • Posted: 06 August 2012 11:50 AM #43

    LEAPfrog - 06 August 2012 02:48 PM

    BAM! 620+

    Are momentum players going to pile up now?  I think we have 2 more days of solid up before we cool down and revisit 620.Don’t take my word as advice though.

         
  • Avatar

    Posted: 06 August 2012 11:54 AM #44

    greedyn00b - 06 August 2012 02:21 PM
    Red Shirted Ensign - 06 August 2012 02:14 PM

    Here comes the first push toward 620….. Grunt!

    I’m not a big TA guy at all, but it sure seems to me like there’s a lot of “built-up tension” around this point—and that it will either go through and spike up dramatically, or bounce off 620 hard into a fast pullback.

    It is the former…..so far!

    Signature

    AAPL: to boldly go where no stock has gone before

         
  • Avatar

    Posted: 06 August 2012 11:59 AM #45

    a good volume punch to and through 620…..

    Signature

    Because Longer is better…....