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Apple Inc. Message Board

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  • bbbnnnddd23 bbbnnnddd23 Dec 6, 2012 9:27 AM Flag

    Beleive or not I am tempted to add to my long position now...Fellow long what u think? only fellow longs please

    punbr is right. Huge premium being built into options. You can go long and do a simultaneous covered call for somewhere in the neighborhood of 15-20 points. With the stock being hit so hard over the last 3 days, you have to think the selling will subside soon. Any short side players that are sitting on 60 plus points of profit will be looking to cover and take profits (at least the smart ones that will).

 
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