I was contemplating the 500 600 march fly. ended up doing the 500 525 booster instead. this was with stock around 505. would have made more money without the options overlay...
the rally in this stock is impressive.
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Should I panic about my short position on Apple calls?
- Thread starter stevebearman
- Start date
I was contemplating the 500 600 march fly. ended up doing the 500 525 booster instead. this was with stock around 505. would have made more money without the options overlay...
the rally in this stock is impressive.
Quote from newwurldmn:
I was contemplating the 500 600 march fly. ended up doing the 500 525 booster instead. this was with stock around 505. would have made more money without the options overlay...
the rally in this stock is impressive.
Yeah, should have gone neutral to 510 to fill the gap. 500 is a bit of a stretch.
Quote from atticus:
Yeah, which has nothing to do with the OP nor the timestamp thereof. So all of your crack analysis for naught. You're a fooking genius. Look up "historical quotes".
My analysis was still valid. I issued a cover recommendation at around $1.75. I also issued a warning that the risk of holding this short position was massive given the earnings news. My guess at the time was that AAPL could go to $500.
Given that this was likely a fake trade ( with missing information from the op ), doing extra research was pointless. I held no position in APPL options.
Quote from DeltaSpread:
Feb12 = February 2012. My quote system for monthlies assumes 3rd friday of each month expiration day.
This is truly amazing. I can not recall in quite some time when a stock has made a steady non-stop rise like this over the course of less than 21 days or so.
The Feb $470's have now gone from under $2 since inception post of this thread to upper $46 range. I hope someone on here made some money off this run because I sure as heck did not.
??? 3rd Friday of the month is the 17th.