Seeking Alpha
  • Scotttrade
    What would $AAPL 500 Feb buy calls be worth tomorrow ? My cost was $23/ contract. What will it be tomorrow? Serious answers only please.
    1/23/13
    Reply (15)
    • StreetFighter: .. about 18 bucks
      1/23/13
    • TruffelPig: Depends on how much the stock tanks. Maybe it is not going to be 10% down.
      1/23/13
    • TruffelPig: Anyhow, which Feb. calls are you holding? Feb. 1?
      1/23/13
    • Julius Ferraro: 12
      1/23/13
    • Bret Kenwell: remember the vol crush...
      1/23/13
    • TruffelPig: If these are Feb. 1 calls I would say $10-12. Agree with Julius. A bit more for later calls.
      1/23/13
    • TruffelPig: I am biting my ass because I was considering protecting my position buying one $500 put.
      1/23/13
    • TruffelPig: Didn't do it.....I still think the earnings were ok and the stock is already very cheap.
      1/23/13
    • Rubenov: I would guess around 7.
      1/23/13
    • Scotttrade: Truffelpig -- I have Feb 16th 500 calls. Would that change the price of the calls? Maybe 15 ?
      1/23/13
    • TruffelPig: I guess $14-15. Wait a couple days - I think AAPL shares will recover some of the loss.
      1/23/13
    • Scotttrade: TruffelPig: Do you think I can soon recover and the calls will get back to $20/contract ? Or should I just close it out and end my misery ?
      1/23/13
    • jamesingram32: current fwb 1st 500put seems to be $14.51.
      1/23/13
    • TruffelPig: Don't know - wait and see what tomorrow brings.
      1/23/13
    • vandeley: If the stock opens at aroune 465 I would think about $8. You probably need to the stock to get back to about 510 to get $20 for them
      1/24/13