Portfolio positioning as of the Friday close

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    Posted: 26 August 2012 12:39 PM #31

    mstefa - 26 August 2012 03:02 AM
    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?

    Since we’re American expats, KPMG does our taxes while we’re in Canada.

         
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    Posted: 26 August 2012 12:49 PM #32

    mstefa - 26 August 2012 12:54 PM

    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.

    LOL!  You reminded me that last Spring, I legged into some JAN’13 800/850 bull call spreads (cost basis: 0.00).  Still have those. smile

         
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    Posted: 26 August 2012 02:17 PM #33

    Positions

    Roth IRA
    20 Oct 12 550 calls
    10 Apr 13 600 calls
    20 Jan 14 630 calls
    $21k cash

    Traditional IRA
    275 shares common

    Brokerage account
    30 shares common

    A run up over $700 a share should see me to seven figures.

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  • Posted: 26 August 2012 08:10 PM #34

    Friday I bought 100 Week5 $660/$665 Bull Call Spreads at $2.70.  The remainder of my portfolio is cash.

    If AAPL jumps $10 Monday my Spreads will be worth about $3.50. If AAPL holds through Tuesday I’ll Close the position Wednesday and invest the cash into a Spread $7.00 - $10.00 below AAPL’s then trading price. If this all works as I think it will, I’ll profit about $40,000 for the week.

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    Posted: 26 August 2012 08:34 PM #35

    843 Common AAPL in the IRA +/-  25%

    A Basket of Divvies ( KFT,CVX,NLY,PG,COP,KMB,CLX,MO,VZ,T, and some Muni’s ) in IRA 20%

    A Basket of Vanguard MF’s in the taxable ( Primecap, S&P, Balanced Index, Int Growth ) in Taxable Account 20%

    172 Common AAPL in taxable at VG 5%

    A Basket of Corp Bonds with an average yield of 5+ % in the SEP at VG 20%

    SDB at the local bank with Gold and Silver Bullion 5%

    Cash at the local bank to last the next year 5%

    A small armada of rare Fender late 50’s and early 60’s Amps and guitars ( 10% but not counted )

    Ready to tell the man go to heck at age 56

    Priceless

    [ Edited: 26 August 2012 08:42 PM by MacManus ]

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    Posted: 27 August 2012 03:14 AM #36

    79% AAPL
    7% margin
    2% Jan 2014 $700
    10% Jan 2013 $650
    2% short term (Sep, Oct, Nov) $650

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    Posted: 01 September 2012 04:28 PM #37

    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

    Closed the SEP’12 spreads last Monday.

    Legged into:
    OCT’12 600/630 bull put spreads
    OCT’12 650/670 bear put spreads (may convert to bulls when appropriate)

    No changes to APR’13 and JAN’14

         
  • Posted: 01 September 2012 04:58 PM #38

    Closed April $650’s for 34% gain.

    51% AAPL mostly Jan 2014 $600’s and some shares

    20% dividend stocks

    29% cash

         
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    Posted: 01 September 2012 05:51 PM #39

    59% cash, 31% dividend bearing stuff (individual stocks, and bond funds), and 10% AAPL (spread over 3 accounts: 1 brokerage and 2 Roth IRAs):

    Dec 700/720 Bull Call Spreads
    Feb 700/720 Bull Cal Spreads
    April 680/700 Bear Call Spreads (only 2 of these, but backed into as a defensive measure)

    Feb 700 calls
    74 shares of common

    [ Edited: 01 September 2012 05:53 PM by rutgersguy92 ]      
  • Posted: 01 September 2012 09:50 PM #40

    100% cash. I Closed the Sept Week 1 $655/$665 Call Spreads Friday late afternoon (up 25 cents). After watching AAPL’s activity all day Friday I decided to wait until Tuesday for either a lower Spread, or lower cost.  If AAPL dips at all (from Friday’s Close) I’ll probably go with a lower Strike and more capital.

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    You can’t do more, make more, be more, than the next guy, if you think like the next guy. Think different.

         
  • Posted: 07 September 2012 12:04 PM #41

    I am thinking this won’t change much by the close, so I’ll get this week’s round started

    50% Jan 2014 $600’s
    13% April $700’s
    2% AAPL shares
    15% cash
    20% divvy stocks ex-AAPL