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  • Apple Bulls Are Wearing Shades, But Is The Future Really That Bright?  [View article]
    Here are three unlikely scenarios which could result in it dropping:
    1) Market crash. Remember 2008/2009. Unless you hold the shares outright, option players essentially get wiped out and so do margin buyers. Even leap players can lose big and not recover if it really drops. Market crashes don't care about PE ratios….they just take everything down because people are liquidating.
    2) Catastrophic event: Such as SVP Forestall/Ive leaving or some uneventful thing happening to one of the top 4-5 guys. You should consider all such risks if you have over 50% in aapl.
    3) An issue like antennagate without the protection of Steve Jobs could be interpreted as the company veering off track.
    So it is possible though unlikely. just protect yourself enough so that a crash doen't bankrupt you and you should see 700 by year end.
    Jun 27, 2012. 05:23 PM | Likes Like |Link to Comment
  • When Did Apple Hit The Wall?  [View article]
    That call you made worked out but up until thursday, it was a losing bet. If it weren't for the unusual drop on Friday, you would have limited your gains as a share holder selling calls. Again, my point is the market factors in the inherent risks and prices the option premiums accordingly. Try this every week and see what happens. Buying Apple as a long term investment is not market timing. Go back over the last 10 years or more prior to the last few months and regardless of when you bought, you would have been a winner had you held on to the shares. Sure there are risks, but you are not timing the market, rather you are betting on a business you believe in.
    Jun 7, 2012. 04:01 AM | 4 Likes Like |Link to Comment
  • The Apple 'Free Pass'  [View article]
    You should know the reason why the market places such a nice premium on the weekly calls. It is because it is taking into account Apple's potential to spring up very quickly (or decline). Take the recent $30 upward movement. If you owned 500 shares, you would be capping your potential gains while maintaining essentially all the risk (minus $6 premium which isn't much). Although you don't mention you are bearish on Apple, you clearly indicate the risks are high. I just don't see how you can justify advising people to sell weekly calls on aapl unless you think they can time the market perfectly.
    May 25, 2012. 10:43 PM | Likes Like |Link to Comment
  • Though Apple (AAPL) continues to heavily promote Siri - it just hired John Malkovich to do some ads - the voice assistant service, which is powered by Nuance's (NUAN) voice recognition technology, remains a lightning rod for criticism. Disgruntled user Jon Friedman calls Siri a "gimmick for self-indulgent people with a tremendous amount of time on their hands." "Steve would have lost his mind over Siri," a former Apple employee recently told Adam Lashinsky.   [View news story]
    Says the disgruntled former employee who worked on MobileMe prior to leaving Apple
    May 25, 2012. 10:01 PM | Likes Like |Link to Comment
  • Apple: One Indicator Is Flashing A Clear Buy Signal  [View article]
    You copy and paste this same comment everywhere. Would you be kind enough and elaborate? For example, Apple is going to $400 because.......
    May 18, 2012. 11:06 PM | 3 Likes Like |Link to Comment
  • Thanks Apple For Killing My Portfolio  [View article]
    I read Zaky has just made his fifth ever buy call. No idea why he doesn't publish here anymore.
    May 17, 2012. 08:48 PM | 3 Likes Like |Link to Comment
  • Thanks Apple For Killing My Portfolio  [View article]
    I am seeing up $2 in after hours. Where are you getting this info from? Thanks
    May 17, 2012. 08:47 PM | Likes Like |Link to Comment
  • Too Big To Be Overbought: Pick The Low-Hanging Apple  [View article]
    People are worried because it is dropping every day and is down to 552 now as I write this. Even long term investors worry about this. I mean, what if it is heading to $500 or $450? I tend to not believe the rumors but ever since I heard Forstall sold 99% of his shares I've been worried that he was aware of something we don't know of yet. Hopefully they will come up with some good things over at the WWDC in June to give the stock a bit of a catalyst.
    May 15, 2012. 03:48 PM | Likes Like |Link to Comment
  • Options Strategies For A Likely Apple Rebound  [View article]
    So you think it will hit 580 next week or you will break even as a result of the weekly calls? Just seems to be trending lower every day.
    May 14, 2012. 03:19 PM | Likes Like |Link to Comment
  • More from the Apple (AAPL) rumor mill: Pac Crest's Andy Hargreaves says his checks indicate a smaller iPad will launch before the holiday season, and thinks it could sport a 30% gross margin at a price of $299. Digitimes claims Taiwanese manufacturers are building new plants to meet demand for the smaller iPad and next-gen iPhone, and that suppliers have begun shipping components for upcoming MacBook launches.   [View news story]
    Would they really sell something that could potentially cannibalize sales of the current iPad? At that price point I would definitely be buying the as gifts so maybe I answered my own question!
    May 14, 2012. 03:19 PM | Likes Like |Link to Comment
  • Using Friday's Options Activity To Prepare For Monday's Market  [View article]
    Rocco, great insight on Aapl options. I still feel there is room to play with this company over the next few years. I sold some cash secured may 590 puts after earnings and that didn't work out as planned. What do you think of buying 2014, 400 and 490 leaps? If you were investing long run, wouldn't that be a great way of leveraging or is it still too risky compared to buying the shares directly (approximately 600 shares)? This is for someone who doesn't want to sell calls ( I really like to ride the upward momentum on this and not trade too much). Thanks again and great work.
    May 5, 2012. 01:25 AM | 1 Like Like |Link to Comment
  • The Rise In Implied Volatility Before Earnings For 3 Key Financial Stocks  [View article]
    Do you know of a good app/site which calculates IV by just clicking on an option in an option chain?
    Apr 11, 2012. 02:21 PM | Likes Like |Link to Comment