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Apple Inc. Message Board

  • biglefthook_00 biglefthook_00 Mar 2, 2013 8:04 AM Flag

    Use long term options as an investor....

    the ideal time to do so is when you buy the stock but it really is never too late.

    as my earlier post shows, you can easily trade out of a losing position...I call that LEAP UP or LEAP DOWN.

    Last year, everyone had sold covered calls for $400 then $500 but kept leaping up Last Summer I suggested selling the Jan 2014 $600 calls for $80 ..yes, that was 18 months out but I was following the 15% premium as I always do...

 
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