11,000 contracts represent 1.1 million shares.
Total sales of these were $9 to $10 million.
Last week, I did suggest sell these at $11+.
If closed out, $2 profit
Some shareholders are settling in happy to make 9.66% with a giveaway at $140.
Some traders had sold at $12 and bought back at $9 third time in two weeks
well they are up 18 to 26% since Jn 2015.
As for traders...really do not know any
it has been this way since Feb 4..
The play here is holding your stock and selling either a Jan 2016 covered call for $10+ or a Jan 2017 covered call for $18 a share..TAX DEFERRED
learn the game profit from it
Earlier I showed a simple play that puts 9.66% return for eight months.
you would have to walk away at $140+...but then you can always trade up. For the time will erode the premium at no real cost as I showed with the Jan 27 play on April 30
Then it may be re-echoed on other web sites...
In this day and age, anything is possible
read my April 30 post but first read my Jan 24 initial suggestion.
If nothing else it will give you insight into the world of numbers
Ignore this unless you took this suggestion last Jan..if you did your equity is now up
Stock appreciated: $`30 - $110 = $20
Tax deferred csh after this move $9+
$29/$110 = 26.36% return since Jan 2015
Investors settling in by holding their stock and selling Jan 2016 $130 calls now for $10+ ...Almost a 9% return for eight months once you factor in three AAPL .52 divdiends
Before I wager this bet..do cows actually come home...where is home?
Fast money comes and goes but slow and steady WINS the race.
BEWARE! IF it sound too good to be true; it is