CloroxCowboy

Google Chrome: Redefining the Operating System

Gotta disagree. Mac and Linux are completely different than what Google's proposing with Chrome. Apples are too expensive for marginal, if any, computing advantage...it's all about buying an image. Linux is not necessarily hard to configure, but it's not the push-button solution that Goodle is describing either. And neither is really a web-based OS like Chrome would be.

A fast, streamlined, FREE os that gets users on the web quickly...I think MSFT is in serious trouble.

On Jul 08 10:01 AM Larry Bellehumeur wrote:

> The Market won't care.....there has been a viable option in MAC and
> Linux for years, and MSFT is still king. Do you imagine a Fortune
> 500 company, which is where much of their money comes from, switching
> over? The average Home user might put $100 in MSFT's pocket, where
> as GE might put hundreds of millions per year....
>
> When Google cracks the Corporate market, then people will notice.

My Apple Covered Call: Capture, Gain, Repeat

Congrats on the $600, not a bad trade. I'm not quite as optimistic about your second play, but wish you the best of luck.

IMO you're better off to sell the front month or possibly two months out since, as you mentioned, you'll see the most "bang for your buck" in terms of theta decay the closer you get to expiry. Using longer timeframes makes it more of a directional play. Also you no longer have the outrageous volatility advantage that existed in Oct. If the market does take another large dive as you suggested, you may get crushed by rising IV. Selling that far OTM may not be the best move in a potentially falling environment. Once again, it seems to be a pretty bullish play but I'm interested to see how it plays out for you.