Seeking Alpha

Owen

Owen
Send Message
View Owen's Comments BY TICKER:
  • A Remarkably Safe Way To Play The Apple Earnings Announcement [View article]
    If that's the case, my sincere apologies.
    Jan 22 06:34 PM | Likes Like |Link to Comment
  • A Remarkably Safe Way To Play The Apple Earnings Announcement [View article]
    "Most people don't have $50,000 sitting around with which to buy 100 shares of a stock"

    Really? You still go through an $80-a-trade full-service broker who makes you trade NASDAQ shares in board lots?

    You should check out these things called online discount brokers and ECNs - they're happy to let you trade odd lots, even a single share of AAPL, with commissions as low as $1 per trade. It's a new thing - only been around about 20 years or so. Give it a look when you get a chance.

    "so naturally, options are a viable alternative for a high-cost stock such as AAPL."

    Actually, options (and single-stock futures) are the only time you're effectively forced to take a position in multiple of 100 shares of the underlying. Your advice is self-defeating.
    Jan 21 08:15 PM | 4 Likes Like |Link to Comment
More on AAPL by Owen
COMMENTS STATS
634 Comments
676 Likes