The day's not over...volume is high, the last hour and half we could easily go past high of the year of 630.61.
You're a great contrarian indicator.
You're the only guy I know that gets excited when they almost guess right once out of 20 attempts.
Best way of hedging calls is to sell the calls at the next strike. If your calls are within 3 months of expiration, it would be a good idea to hedge. If your calls are within a month of expiration...take your profits and get out.
Absolutely, in general people are cautious investors, they don't join the bandwagon until there's an established trend. Unfortunately, by that time traders like me have already walked away with most of the money. There's a lot ahead, the split, the conference, new products etc. This time be one of the first on the bandwagon.
It would be a mistake, go long. Both China and Japan are likely to surprise, plus anticipation of new products for the holidays.
With Carl Icahn's money, he's probably saying to himself. Wow....free publicity....what a great deal.
Suppose Carl Icahn got inside information from Tim Cook, would you be more likely or less likely to buy AAPL? If you said less likely, I would say you are an angel and you will get your reward in heaven. On the other hand, I want my reward now and I would be more likely to buy AAPL.
Tim Cook is no dummy...wouldn't be streaming keynote speeches if nothing special on tap.
Absolutely not a easy job...the job is far too visible and the expectations are too high. Let's put it this way, if the public wanted you or me to be half the businessman Steve Jobs was...it would be a huuuuge job.