Even the movie MISERY staring Kathy Bates and James Cann.... brought me JOY. And let me add, in about 30 minutes, I'm going out for an Almond JOY candy treat. Meanwhile, not only is this a financially healthy company, reasonably valued at my strike,... but given that I expect to earn 13% return with a 22% otm safety cushion, (in this low VIX environment), but if the stock should drop to the $31 area, I expect to earn a similar % return via a covered call. Even more if the VIX gets out of the teens. Got several puts expiring this month. I anticipate being on a reasonable amount of leverage between now and then, as they expire. Being on a reasonable amount of leverage all year long, has the affect of juicing my annualized % returns at year end. That being, all those 13 - 15% individual trade returns, will actually result in a higher % return at year end..... assuming no losses incurred along the way. But it's best not to assume that. Not to mention,.... if one or some of my stocks tank, you can be sure I'll hear about it from you and a dozen other posters. But that's ok. I'm posting them for all to observe and discuss.
i would like to see that! also jeff augen has written in SFO mag that he thinks AAPL is the biggest bubble ever, any thoughts? i guess we can play till it bursts.....
i've read alot of Augen's books... in trading options at expiration Aapl is throughout the whole thing..
the fact that apple is valued at more than all the other retail stocks, including auto companies, combined probably means nothing.