Attention Apple Investors: Analysts You Don’t Know But Should [View article]
As my grandmother would say "the're all a bunch of hooples"
Remember Abby Joseph Cohen prior to 2000? as an example. They do serve one usefull function. When they are all saying buy it's almost allways time to sell.
<As an investor, I have a plan. My plan is to look ahead to the Jan contracts where I see that my Dec $180 caller (now $4.67 after a small comeback by Apple) can be rolled to a Jan $185 caller at $10.55 or the Jan $190 caller at $8.40. Either roll will cut my margin requirement and, more importantly, reduce my capital outlay to less than 1/2 of my full commitment, meaning I would more than welcome another dip and a chance to buy Apple even cheaper. I can also INVEST some of my capital into improving my existing position by rolling my April $190s down to the April $180s for a net of just $4.65 but there is no urgency to that as that spread will get cheaper as Apple drops and, if it doesn’t drop, then I’m very happy with my $190s where they are for now> Can you please expound on the above. What is rolling?
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Remember Abby Joseph Cohen prior to 2000? as an example. They do serve one usefull function. When they are all saying buy it's almost allways time to sell.
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Can you please expound on the above. What is rolling?
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