When BRKA in 2008 was under attack. I posted "Warren is a friend of ours"
He replied..."Dear Friend,,,"
Warren loves a great company at cheap prices
I wrote him a letter
Go back and look.
Hold any stock but always have the stock making you money
All last week, my front door kept opening for no reason. nothing wrong with lock.
I guess a few ghosts are visiting..
Another one of life's mysteries.
Now, this is not a hidden message or code....this is simply a funny life occurence
just sell Jan $85 puts for now $11..?
you either get to buy the stock at $74 or keep the cash.
If you buy the stock at $74..sell the $75 call for $17 - $20 tax deferred.
But while waiting you can not sell calls for $10+ or collect the AAPL dividend.
100% return in less than three years at a $110 cost basis...
Rather proud of my commitment to this board....it does not matter if anyone listened or paid attention.
I was here recapping and posting new ideas
Open interest shows this trade to be long term
Many might get caught up in "easy money"...it was not!
Da Vinci: Holding the stock and selling covered calls is a no brainer for $10 - $17 a trade but....!
Renoir, selling puts, is based on this!
you sell puts ONLY if you want to buy the stock at a 20% discount to market. If the stock is put to you, sell that strike price covered call for $17...or.....You buy a hedge put to negate a possible loss.
Yet the Jan 2018 options are equal...
There is a talking point today