Yesterday we discussed how “cheap” AAPL options are for today’s announcement, relative to their relative range. I mentioned rather than play both sides here, I am going to attempt a long, using risk capital.
As for my decision to play the long, I have been “long only” in this name. Here’s why:
See any similarities?
OA
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I love how that chart applies itself to more than just stocks.
Weeklies? $440?
I went 445’s.
OA, would I be looking at AUG 13 (10) (17) (24) or (31) if I were to pick up the 445s?
I bought this week as a starter. If I am right, I will roll out.
What, good sir, do you think of VNDA as a potential long?
Love biotech/pharma long term. Entry point not bad.
Thanks. Do you have a favorite biotech play?
I bought $ROSG today. I have a few more I like too.
Tim Cook is a tranny.
Good. Plenty capable of a surprise then.
lol. well played.
OA, target? Do you think these 445’s will go into the money by expiry on a beat tonight?
Hard to pick a target in these situations.
thought you were gonna straddle it? you putting on any other straddles or r u mostly long side?
I’m looking for strangle opportunities right not. Nothing yet.
On the subject of risk capital the AIG weekly 47.5s @ .07 are well worth the gamble . This stock was hit again on a Tues. a.m. and if the same pattern holds from previous a.m. sells I could not resist . Worst case scenario I exit @ 3:30 for a small loss .
I like AIG
Are you still bullish S&P, or thinking topping? I’m bullish GMCR and FSLR, but market seems tired. Thanks OA.
Yes, I am bullish. But keep in mind, I don’t think the market will go up every day. There will be corrections, they will be shallow.
I will have and have had this stance for quite some time. It might be better to ask if I see a pull back coming soon.
Thanks ! I have small money to trade, so will hold what I got and wait. Do you see a pull back coming soon? ( yes, right? ) If you have only one stock choice, which you will pick up then?
LVS
Shit, iBankCoin is getting real Hyphy. Mac Dre avatars!
“I live like a rockstar, running from the cop cars”
Sykes is a hugely annoying blowhard but I actually don’t think he is a scammer. His covestor returns were horrible though.
Why trade when you rake in that much money from self-promo?
Good for him though.
Ha true. Meant to post that on Fly’s post.
Nice Job, Options Addict. Got the July 445 weekly’s at $1.90 at the close. Thanks for, the head’s up.
if $aapl opens at 440. where would the weekly 445’s trade at?
Probably in the $5-6 range.
More like $1 – vol crush
I’m looking for follow through on this gap. Give it time.