• DeepValueLover
    Sell 1 APR13 $AAPL $445 put for $20. Use the proceeds to buy 40 JAN14 $NOK $7 calls. This trade could make $12,000 by June 2014.
    1/15/13
    Reply (12)
    • barcaboyvn: JAN14 call expired before June 14, I guess, so it worths 0 cent in June 2014
      1/15/13
    • DeepValueLover: The call will be in the money. So you'd have the shares put to you @ $7.
      1/15/13
    • robbieboggie: This stock looks a bit like RCA in the 30s. Buying Apple puts.
      1/15/13
    • turtledividend: Jan 2014 calls looks very enticing : )
      1/15/13
    • turtledividend: OptionXpress account is enabled, loaded and ready for for some American gun slinging : )
      1/15/13
    • chuck holladay: How much could it lose?
      1/16/13
    • Eld: just be patient, AAPL will rebound after the earnings. $480 is perfect price to buy AAPL!
      1/16/13
    • turtledividend: 100 JAN14 $NOK $7calls will cost you 4,500, the trade could make you up to 30k profit hmmmm.???.. call options makes people greedy.
      1/16/13
    • DeepValueLover: You could "lose" by owning AAPL for $425 (@ a forward p/e of 7). AAPL is still growing. Only do the trade if you believe in Nokia, though.
      1/16/13
    • turtledividend: For sure. Thanks : )
      1/16/13
    • Leont68: is this a cash secured put? or is this done on margin, because if its a cash secured put you need to have $42500 on hand..
      1/16/13
    • DeepValueLover: Cash secured? Depends on your account type. Substitute the AAPL heavy QQQ if margin is not available.
      1/16/13