11/27/2022 Plan: This week we go to the world’s favorite fruit company, Apple (Ticker: AAPL) 11/27/2022 Plan (continued): 11/27/2022 Commentary: Two bullish approaches in Apple this week, generally I’d recommend one or the other. The put sale gets one in to Apple at an equivalent of $133.46 per share. Apple […]
AAPL
9/18/2022 Plan: This week we look at a way to play two of the big names – Apple (Ticker: AAPL) and Facebook, er… “Meta” (Ticker: META) 9/18/2022 Plan (continued): AAPL – Sell Oct 7 135/130 put spreads for 0.54 META – Sell Oct 14 125/120 put spreads for 0.54 Prices […]
8/21/2022 Plan: This week we look at Apple (Ticker: AAPL) 8/21/2022 Plan (continued): AAPL – Sell the Sept 9 180/185 call spread for 0.62 Prices are as of market close 8/19/2022, actual fill and strikes may differ depending on Monday’s open, post will be updated accordingly. All trades are for […]
11/13/2021 Plan: This week we look at Apple (Ticker: AAPL) 11/13/2021 Plan (continued): AAPL – Sell the Dec 17 140/135 put spreads for 0.46 OR AAPL – Sell the Dec 23 140/135 put spreads for 0.54 Prices are as of market close 11/12/2021, actual fill and strikes may differ depending […]
How well do you know your P&L charts? Good enough that you can quickly guess the underlying position(s)? Already know I’m trying to trick you because you paid attention last time I did this? Take a look at the below and guess what it is: Did you figure it out? […]
I received a call from a member, a week before Apple’s split 4:1 asking whether they should buy shares for their long term account before the split or after the split. I gave my canned stock split pitch about how the value of the company is the same before and […]
When selling options, there is always a chance that the option owner can exercise early, leaving the option seller with stock that they weren’t anticipating – either 100 long shares if they sold a put, or 100 short shares if they sold a call. This can cause confusion, particularly if […]
Simply put, betting against Apple is a bad idea. I’m going to recommend it anyway. 10 years ago Apple (Ticker: AAPL) was trading in the 30s. It is currently, as of 5/15/2020 above 300, up over 9 times while the broader market is up less than 3 times. Buying and […]
5/17/2020 Plan: Two ideas to consider this week – one bearish positions and one bullish. Pick one or the other, or both! 5/17/2020 Plan (continued): AAPL – 5 Jun- Sell 330/335 call spread for a 0.47 credit. JPM – 5 Jun – sell the 78/75 put spread for a 0.51 […]
5/3/2020 Plan: A wild week last week and the end result was the market was close to unchanged (down 0.2%)! Two very different trade ideas this week to consider. One will use most of our buying power and another is a rinse and repeat trade that closed this past Friday […]