So if you are holding shares, keep selling weekly calls for the next four weeks. What happens after that is anyone's guess, it will depend on what happens in WWDC. Just watch the chart patterns. If there is a break out, roll the call up to a later week.
I keep getting ignore failed message.
A stock trades at whatever the market is willing to give it. The market says AAPL is a single digit P/E stock right now. There is nothing you can do about it.
BTW, AAPL hasn't traded above 18 P/E for many many years so don't hold your hopes too high.
Dude, don't try to compare two companies in two different industries. If you want to trade a 600 P/E stock, trade NFLX, don't trade AAPL. AAPL won't be a 600 P/E stock.
I really don't understand what your problem is? If he decided to land someone a hand why does he have to help everyone or his help is a negative? I guess you must not have helped anyone because you sure didn't help everyone.
The ones that are down all have very low volumes. The options that far out don't always follow the theoretical model because of the lack of interest.
This rally should have legs in the longer term. But given the daily RSI is already over 70 and is forming a bearish divergence, short term pullback is inevitable. If you have already owned shares, it is a good idea to sell some covered calls. If you don't own shares or want to add more, you can sell short term ATM puts or just buy on pullback.
If you are talking about buying puts as an directional trade, yes, I agree, it isn't a good idea now because their premiums have gone up so much as a result of higher volatility. But if you are holding shares, it isn't a bad idea to buy put spreads for protection.
The premium of puts has gone up because of higher volatility. If you want to buy protection, I suggest you buy put spread instead to reduce cost.
I agree. Actually, I don't think he has a master in Math either. A real mathematician won't use the term "pure mathematics" in this situation.
As I said, your calculation is incorrect or whatever formula you use for calculation is wrong. The purpose of calculating stock value is to match the reality which is the market. If you come up with some arbitrary number which disagrees with the market than your calculation is wrong.
Really? Can you buy lower or sell higher than the market price?
Clearly your calculation is incorrect because the market says the fair value is $392.05 today.