Sitting here waiting for Apple's numbers...

[murray t turtle]

Initial Public Offering: Stock that is offered to you because other people have turned it down. The guiding principle in relation to IPOs is as follows: "never participate in an IPO that you are able to participate in."

More insights here: https://norgatedata.com/alternative.php

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LOL. An IPO cartoon had IPO traders asking for money on the street\ main street LOL
Notable exception to that IPO rule 1998 + 1999. But single stocks can be so wild; I never kick myself for not buying singles stocks or socks.
BUT since that defines index funds as funds with no fun;
QQQ did fine in 1999, looks fun back then.

 

[Cabin1111]

Well, I bought back the option on Apple. It cost me 31 cents ($31.).

I am finding I much prefer CBOE than Fidelity PFOF!! Fidelity will not place for price discovery...Just if they get a "hit", I'll get a fill. Yes, sometimes price improvement, but I can sit around for an hour waiting for the fill (or raise it a cent or two).

I then did another covered call on AAPL for the Dec 24 $230. I got $255. for the option (covered call).

WAYYY out of the money...I don't want it called away. But, I want some small income while I wait.

PS I will copy and paste this on my journal thread also...