Portfolio positioning as of the Friday close

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    Posted: 25 August 2012 10:35 PM #16

    I agree to a sticky topic.  It would be informative to track people’s approaches through the next 60 days…..the period between The Verdict and Earnings in October. 

    The long march…..

    Now, to stir things up…..what if Apple drops next week?  Macro, Micro, fallout,.......can’t the EOs make hay over all this enthusiasm?  Will a FUD storm erupt on Monday?


    Just thinking with my cynical side ( my best side)!

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    AAPL: to boldly go where no stock has gone before

         
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    Posted: 25 August 2012 10:45 PM #17

    Funny, my AAPL Strategy Rooms were never semi-permanent topics.  And I never thought they needed to be, either.

    I think Intraday can handle the ebb and flow of trades quite nicely.  For many here, positions can change throughout the week.

    iPad’s call, of course.

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

         
  • Posted: 25 August 2012 10:47 PM #18

    Mav - 26 August 2012 01:45 AM

    Funny, my AAPL Strategy Rooms were never semi-permanent topics.  And I never thought they needed to be, either.

    I think Intraday can handle the ebb and flow of trades quite nicely.  For many here, positions can change throughout the week.

    And for many of us they do not change throughout the week, but can change monthly or quarterly or less often.


    I am good with whatever the mods want to do, but I support a sticky thread

         
  • Posted: 25 August 2012 11:21 PM #19

    I’m about 40% cash and 60% BCS with a pretty even mix of the following:

    Jan 2013 - 475/550
    Jan 2013 - 500/575
    Apr 2013 - 575/600
    Jan 2014 - 500/650
    Jan 2014 - 600/650

    I think we may be close to a near term top.  Not really certain with the win in the Samsung/Apple trial and with the iPhone 5 coming out in a few weeks.  Was 100% in AAPL options 1.5 weeks ago, but sold some very deep in the money BCS when AAPL hit 660.  I’d rather have some powder for the enviable pullback than be 100% in options when we are breaking All Time Highs.  I’m sure I’ll miss out on some of the gains, but the stock market is unpredictable and I need to be ready for anything.

         
  • Posted: 26 August 2012 12:02 AM #20

    lovemyipad - 26 August 2012 01:00 AM

    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

    With all these, who’s doing your taxes? Can you recommend anyone in Canada?

         
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    Posted: 26 August 2012 12:23 AM #21

    Pretty much all in at the moment with a bunch of different positions.

    20% Oct 12 590/600 bull put spreads
    10% Oct 12 650/675 bull call spreads
    10% Jan 13 625/650 bull call spreads
    35% Jan 14 600 calls
    15% Jan 14 650 calls
    10% Some random bull call spreads for Apr 13 and Jan 14 that I legged into, as well as a few 655/660 weeklies I picked up right before the close on Friday.

         
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    Posted: 26 August 2012 12:23 AM #22

    Why near term top?  What’s your concern?

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

         
  • Posted: 26 August 2012 02:01 AM #23

    34%  cash
    30%  AAPL
    5%  Oct 720’s
    1%  Oct 780’s
    2.5%  Jan 720’s
    4%  Apr 720’s
    11%  2014 450’s
    9%  2014 500’s
    3.5% 2014 900’s

    I’ve also been writing at or slightly out of the money puts against the cash most months. That generates a 30-40% annual return recently.

         
  • Posted: 26 August 2012 02:10 AM #24

    I haven’t figured out my %‘s either, but here are my option positions:

    April13 BCS 600/640
    April13 BCS 650/700
    April13BCS 710/750

         
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    Posted: 26 August 2012 02:32 AM #25

    100% Common (not to be touched)
    Even split of Jan 13 700s and Apr 13 700s on margin (25% of excess)

    [ Edited: 26 August 2012 02:36 AM by cambrose ]

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    Long AAPL Short ME 5’3

         
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    Posted: 26 August 2012 03:11 AM #26

    15% cash
    45% shares
    25% Jan 700 calls
    15% Apr 650 calls

    I was almost entirely in options going into last earnings.  Dropping 25% in one day convinced me to be a little more conservative.  I still can’t believe that even with dialing down the risk I’m one good day away from getting back to portfolio ATHs.  Maybe Monday will be that day.

         
  • Posted: 26 August 2012 05:06 AM #27

    Mav - 26 August 2012 03:23 AM

    Why near term top?  What’s your concern?

    I think we are moving up mostly on rumors. Such as iPhone 5 launch and iPad mini. Even if these rumors are true I think the stock will likely pull back. I think we may move right near 700 and then back to like 630-650 range. Especially I think the current quarter could disappoint even with sales of iPhone 5 for 2-3 weeks this quarter.  Who knows really. I just feel we moved up too much too quickly on nothing but rumors.  I can’t feel bad for selling at an all time high in the stock price. We’ll see what happens in the next few weeks.

    [ Edited: 01 September 2012 11:22 PM by cbongiova ]      
  • Posted: 26 August 2012 09:54 AM #28

    I bought 4 april 1000 on friday for the hack of it, and bought oct 800s earlier in addition to my 2014 leaps close to money..
    I am hopIng to catch once a crazy 300 point run with these wild out of the moneys with expiration in the next 3-6 months for a 25 bagger if possible.
    I dont see this as too much to fast, but stock went up much higher than revenues did this year. Lets see if we can keep the new PE long term. Who nows with dividend increase, stock will have support.

         
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    Posted: 26 August 2012 10:04 AM #29

    100 per cent common

    [ Edited: 26 August 2012 11:36 PM by Xtra ]

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    One trillion or bust

         
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    Posted: 26 August 2012 11:32 AM #30

    99% common
    1% cash

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    Bought and Held