Give away is presently $700 to $720.
This year, I rather catch up then be a prey to Wall Street.
Da Vinci increased your equity by $100: $50 stock appreciation and $50 tax deferred cash.
Renoir just increased your tax deferred cash by $70+ ..an example was selling Jan 2016 $90 puts at $10. Only IF you have the assets to buy more at $80or $560.
Last Dec 27, 2012, I suggested Da Vinci and Renoir together...it did not work out the first nine months
Maybe, this time it will
He said."If AAPl pulls back tomorrow he will be a buyer."
But he upgraded it two days ago?
This proves no one knows...no one
All they have to do is sell Jan 2015/2016 covered calls and buy near term calls with market money
This way they have both upside action and downside protection
Wait until Tuesday afternoon.
Stock always rallies in pre-market then dips somewhere between 0930 and 1030
When you sell a put, you either:
1. Pocket a profit when the stock run.
2. buy the stock at a 10% discount if the stock falls. I only recommend this because the entire Wall Street is bullish.
this will off set the previous sale of a covered call,
If you sold a covered call and the stock price is higher than your giveaway;
1. Do nothing
2. Sell a put for. $70 pre stock split .
If all the analysts are correct, you make money.
If they are wrong , you buy AAPL at a 10% discount.
Jan 2016 94.29 CALL AAPL160115C00094290 11.00 Down 0.16 10.90 11.10 1,818 4,731
Jan 2016 94.29 Put AAPL160115P00094290 13.08 Up 0.21 13.00 13.15 1,240 3,070
Da Vinci and Renoir strategies.
Separate or together they work
It all started in 1979 when the USA turned her back on an old friend. People never forget.
I have been saying that I think Russia, China and Iran are acting in collusion to dethrone her. If China engages Japan in the South China Sea, I am correct
WE have lost so many friends these past years.
USA needs to wake up.
then on tuesday afternoon IF you must you can buy the same strike price weekly call.
you will have upside and downside protection