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I am the expert you seek. Let those calls expire worthless and the premium you collected is ALL yours, just hang in there till expiry. They are $20.00 OTM and I don't think AAPL will trade that high. 47,254 people like this.

Quoted for Rear_Ender to view reply from denner

http://www.elitetrader.com/vb/showthread.php?s=&postid=3425321#post3425321

I don't think his new home has internet connection.

I was just joking with that post. :D I obviously wasn't serious. :)

Yes ..... But the idea is to catch any further gain the next day with the QQQ options.

Watch AAPL during the first 15 minutes in after hours trading - 4:00pm to 4:15pm EST - then if AAPL makes a big move in either direction buy QQQ options to piggy back that direction. AAPL options stop trading at 4:00pm but QQQ options trade till 4:15pm. AAPL = 14% of QQQ. QQQ options are cheap.

I would have either closed entire position, or let it ride as a spread instead of buying back the short options and keeping the long options. Makes no sense in buying the 95 calls back at this time.

I'm rarely wrong. http://www.elitetrader.com/vb/showthread.php?s=&postid=3423013#post3423013

Buy $87.50 Call (2 contracts) Sell $95.00 Call (2 contracts) http://finance.yahoo.com/q/op?s=VMW+Options $95.00+ http://finance.yahoo.com/q?s=VMW

My recommendation is $3000+ on AAPL puts, 3 strikes OTM. Earnings is on January 24, so a good time to buy is Jan 24 3:45pm EST. You should reach your target of $18,000 on this one trade. Good luck. 5,564 people like this.

Be careful with HAL, it is very untrustworthy.

If you read - and understand - the OP's posts you will learn that he is not day trading and his account is below $25,000.

Your observation is worth zero, nil, zilch, nothing, etc. But thanks for trying.

I believe he is holding for one day or longer. My educated guess would be 5.

QQQ's options trade till 4:15pm EST, I'm sure options for BIDU trades till 4:00pm EST only. I think the modified order was too late.

They are not expensive. AAPL goes up 1% over the next two days and they will be worth $3.10, that's a gain of 50%. How often does AAPL move 1%? Also they are not the weekly options, they are the standard monthly options.

Sold at $1.50 I assume this was an earnings play, buy just before earnings and sell next day.

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