the trick to playing options is to use market money. What is market money? Cash from the sale of longer term covered calls..you own the stock...most often 15% premium over stock price
AEA I gave you a compliment yesterday than last night and today, you post against our position?
I do not understand this?
WE did say wall Street always takes down AAPL. Now, the two geo/political events helped this dive.
WE are NOT short,,,just not buying.
Anyone who sold calls; close out all calls before close. I do not care if they are far below expiration price.. It is a technical issue.
I only stopped by because AEA was posting against our GOOG strategy....This is NOT a sign of UNITY
Then people should be allowed a few minutes in the sunshine before the rain.
Let it run first...please do not rain on another's parade.
Many bought near term calls..they should not be greedy and close them out then
AS WE said here that AAPL almost always pulls back before earnings expiration. Yesterday's closing price matches the low of July 2
WE made the correct call yesterday.. WE said GOOG almost always pulls back in the a.m. Close out all shorts before the close
Operative word being "WE"
593.50 Up 19.77 (3.45%) 9:26AM EDT - Nasdaq Real Time Price
Up $19.77 now
What a difference a day makes.
WE made the correct call, didn't WE?