Exhale...Apple covered call

Discussion in 'Options' started by Cabin111, Aug 4, 2023.

  1. ironchef

    ironchef

    Appreciate your answers. Question: In your example, why don't you long a way OTM LEAP call if you want to own more?

    @newwurldmn actually made a good suggestion. Keeping a journal will let you/us keep a focus on your trades and watch them play out.

    But this is a free country, you do what you feel is appropriate.

    Take care.
     
    #11     Aug 5, 2023
  2. deaddog

    deaddog

    I don't see any of the threads of posters I have on ignore.
     
    #12     Aug 5, 2023
    Cabin111 likes this.
  3. Nobert

    Nobert

    The title still remains in the main feed. (?)
     
    #13     Aug 5, 2023
  4. deaddog

    deaddog

    Yes it does.
    I very rarely look at the main feed.
    I check my alerts and then new posts.
    Threads started by an ignored poster don't show up in New Posts
    If an ignored poster has posted to any thread it will show as such and I don't have to check that post.
    One drawback is if someone quotes an ignored poster, the quote doesn't show and it tends to get a little confusing as to what is being replied to.
     
    #14     Aug 5, 2023
    Nobert likes this.
  5. newwurldmn

    newwurldmn

    I do once someone I don’t have on ignore posts to it.
     
    #15     Aug 5, 2023
  6. deaddog

    deaddog

    Must be someone you follow. I don't see any threads started by posters I have on ignore.
     
    #16     Aug 5, 2023
  7. Nobert

    Nobert

    I wish it was like that for me.

    Then i see some Kremlin troll propaganda presented in WallSt News subforum, until it gets moved into politics subforum, even tho the user was ignored/blocked by me.

    Maybe it happens with block function & ignore ,,works properly" (?). Would make no sense tho.

    Meh, anyway (smiles)
     
    #17     Aug 5, 2023
    deaddog likes this.
  8. Cabin111

    Cabin111

    Well, I bought another 100 shares this morning. I had my price in for a few days...Just waiting for a fill.

    Bought at $176.67...Then did a covered call for the Jan 23 $200. I got $6.45 for that call. I believe I missed the X-dividend date, but that's OK.

    I sold a large lot (1/3 of an acre), a few days ago...Was looking for different growth/defensive stocks.

    People DO NOT want to give up their IPhones/watches!!

    Just grabbed this off the net...

    Apple (AAPL)
    Buffett’s largest holding, by a wide margin, is the iPhone maker based in Cupertino, California. Apple represents 46.44% of the Berkshire Hathaway portfolio as of mid-2023. That’s partly because Buffett has been raising his stake in the company and partly because the stock is up by more than 50% year-to-date.

    Buffett’s confidence in Apple is justified by the underlying financials. Apple has sustained a double-digit return on capital for several years and is currently operating at a ROIC of 32.5%.

    The continued popularity of the iPhone, lucrative margins in the software business and new products like the Apple Vision Pro headset could sustain this pace of growth.
     
    Last edited: Aug 11, 2023
    #18     Aug 11, 2023
  9. maxinger

    maxinger

    upload_2023-8-11_22-56-56.png

    Your timing is bad.
    Time for you to top up your trading account.
     
    #19     Aug 11, 2023
  10. Cabin111

    Cabin111

    My bad...I meant 2024.
     
    #20     Aug 11, 2023