Portfolio positioning as of the Friday close

  • Posted: 25 August 2012 01:01 PM

    Include purchases in the after hours session if you want

    Here is mine, it is pretty simple and the portfolio is pretty modest, though it has had very good growth this year

    70% AAPL options, split between April 650’s and Jan 2014 $600’s (about 30% Aprils and 70% Jan 2014’s).

    2% Apple shares - just so I could say I got the first Apple divvy of this century smile

    2% QCOM Jan 2014 $62’50’s

    15% divvy stocks (ex Apple)

    10% cash

    1% rounding error

    [ Edited: 02 September 2012 01:35 PM by lovemyipad ]      
  • Posted: 25 August 2012 01:20 PM #1

    50%. Sept 12/Jan 14 700 diagonal spreads
    25% Sept 12/Jan 13 700 diagonal spreads
    20% Jan 13/April 13 800 diagonal spreads
    5% cash

    It would nice for my positions to have Apple under 700 on Sept2012 expiration. However, might not happen. Oh well, I’ll cash out and move everything to OTM 2015 LEAPS.

         
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    Posted: 25 August 2012 02:43 PM #2

    I’m about as all in as I can be. 

    On Thursday I rolled over the proceeds of the prior week’s 635 calls ( which generated a nice gain) into August 31 660s.  I simultaneously sold August 31 puts with a strike of 650.  that strike looked like a floor I could live with.

    I think this is going to work out…..

    The Samsung verdict was the great unknown….but I felt Apple would prevail sufficiently to avoid a selloff next week, regardless. And I did not expect a verdict till mid-next week. I might have cashed out by then.

    Imagine my “gulp” yesterday when the jury first came back….I was going to have to live with that result on Monday…..

    But, as noted, I think it will work out…... :wink:

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    AAPL: to boldly go where no stock has gone before

         
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    Posted: 25 August 2012 03:10 PM #3

    60+ % in.

    2014 Leaps 740
    Apr 2013 690/700 spread

    I’ll add in some sells of 810 calls.

         
  • Posted: 25 August 2012 04:07 PM #4

    5% cash
    7% Jan 13 BCS 550/560 and 575/600
    88% common shares

    More than half of my shares will become long this fall. My plan is to take profits on some of those at that time and reinvest in some ITM Jan 14 calls and Apr 13 spreads. Not the sexiest portfolio at this time, but I needed to become comfortable trading options before I made any significant moves.

         
  • Posted: 25 August 2012 04:12 PM #5

    About 60% in as well.  Very simple stuff - just 3 bull put spreads, two of which I have had for a long time.

    January 13 560/570
    October 675/685
    September 695/705 which was added last week.  Clearly the highest risk one, but i am getting about 4:1 odds if it works out.

    This is outside my core buy and hold position, which I have not touched since 2002.  Plus I don’t anticipate touching it any time soon either.  My option positions are tiny compared to that.

         
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    Posted: 25 August 2012 05:39 PM #6

    Red Shirted Ensign - 25 August 2012 05:43 PM

    I’m about as all in as I can be. 

    On Thursday I rolled over the proceeds of the prior week’s 635 calls ( which generated a nice gain) into August 31 660s.  I simultaneously sold August 31 puts with a strike of 650.  that strike looked like a floor I could live with.

    I think this is going to work out…..

    The Samsung verdict was the great unknown….but I felt Apple would prevail sufficiently to avoid a selloff next week, regardless. And I did not expect a verdict till mid-next week. I might have cashed out by then.

    Imagine my “gulp” yesterday when the jury first came back….I was going to have to live with that result on Monday…..

    But, as noted, I think it will work out…... :wink:

    Weeklies?  Well, good luck, Redshirt!

    Signature

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

         
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    Posted: 25 August 2012 08:52 PM #7

    Mav - 25 August 2012 08:39 PM
    Red Shirted Ensign - 25 August 2012 05:43 PM

    I’m about as all in as I can be. 

    On Thursday I rolled over the proceeds of the prior week’s 635 calls ( which generated a nice gain) into August 31 660s.  I simultaneously sold August 31 puts with a strike of 650.  that strike looked like a floor I could live with.

    I think this is going to work out…..

    The Samsung verdict was the great unknown….but I felt Apple would prevail sufficiently to avoid a selloff next week, regardless. And I did not expect a verdict till mid-next week. I might have cashed out by then.

    Imagine my “gulp” yesterday when the jury first came back….I was going to have to live with that result on Monday…..

    But, as noted, I think it will work out…... :wink:

    Weeklies?  Well, good luck, Redshirt!

    I only use them, buy or sell, if there is a hard trend in place.  Either way. I’ve bought puts too and sold covered calls if it seems we have flatlined.  I’m not selling any covered calls now!

    [ Edited: 25 August 2012 09:02 PM by Red Shirted Ensign ]

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    Posted: 25 August 2012 09:00 PM #8

    Common:  55%
    Jan 14 $400 calls:  20%
    Jan 13 $300 calls: 13%
    Cash: 7%
    Misc: 5%

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

         
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    Posted: 25 August 2012 09:16 PM #9

    Red Shirted Ensign - 25 August 2012 11:52 PM

    I only use them, buy or sell, if there is a hard trend in place.  Either way. I’ve bought puts too and sold covered calls if it seems we have flatlined.  I’m not selling any covered calls now!

    Anyone bold enough to bet on Friday (I wonder, would you have done the same if you knew the verdict was gonna be out that day?) provisionally looks to be nicely rewarded on Monday.  More dough for the collective coffers of the AFB!

    Signature

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

         
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    Posted: 25 August 2012 09:20 PM #10

    No sir, I would not have.  I thought we would not hear from the jury until Wednesday or Thursday.

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    AAPL: to boldly go where no stock has gone before

         
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    Posted: 25 August 2012 10:00 PM #11

    I haven’t figured out my latest allocation percentages, but here’s what I’m holding:

    SEP’12 600/615 bull put spreads (originally bears, legged into bulls)
    SEP’12 625/630 bull put spreads (ditto)

    APR’13 650/700 bull call spreads
    APR’13 680/700 bull call spreads
    APR’13 690/700 bull call spreads
    (different accounts ^^^)

    JAN’14 700/750 bull call spreads

         
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    Posted: 25 August 2012 10:02 PM #12

    Isn’t it something how _close_ 700 seems now?  (And it really is.)

    Signature

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

         
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    Posted: 25 August 2012 10:04 PM #13

    Yes!  And it reminds me of that feeling of “wonder” when we first broke 400.

         
  • Posted: 25 August 2012 10:17 PM #14

    25% cash

    60% Jan 13’s

    15% other

    5% MISC and a small apple weekly position

         
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    Posted: 25 August 2012 10:25 PM #15

    I vote this become a sticky topic. It’s helpful to see what others are doing.

    My profile is similar to AppleDoc’s.

    5% JAN13 BCS 655-705
    75% shares
    20% cash