Sunday, December 14, 2008

DECK the CALLS! ~ Apple Inc. (Public, NASDAQ:AAPL)

 ... with the DEC 100s! 

BOTD loves expiration week. Check out how closely the option contracts will trade with the common stock.   AAPL options have tons of volume and open interest.  Watch/Trade/Buy (QAALT).


Hey, this chart looks just like the one above!  

$108 by X-MAS ??!!?

RETAIL + SANTA + TECH = APPLE 

... ho, ho, ho! 


 The POWER of LEVERAGE = MO' MONEY! 

 Apple (AAPL) goes from $100 to $108, hmmm, that's 8% profit.  
    (QAALT) goes from $3 to $6+ ... that's 100%+ profit!  

 30 shares of AAPL @ $100 = $3000   (8% profit = $240)
   or   10 contract @ $3.00  = $3000    (100% profit = $3000)

OPTIONS = RISK = COAL for Christmas! 
...  if AAPL goes down, flat, or closes under $103 by Friday.  bye, bye $3000!!!  

p.s.  yes, our math is terrible.   

         The Sun?  ... it's coming back around again

9 comments:

BUY ON THE DIP said...

we'll do a "greatest hits" post next weekend, including updated rules and our 2009 preview.

go team!

BUY ON THE DIP said...

Late Night Traffic Facts:

remember when Big Lots (BIG) was up 116% YTD and BOTD brought out the puts of power... well now we get tons of traffic from people looking for big lots jobs. hmmmm.

Los Angeles, California arrived from search.yahoo.com on BuyOnTheDip.com ~ searching for

"big lots job application"

AJ said...

The AAPL idea is something I was sneaking up on this EXP week... But Goldman cut AAPL to neutral overnight... still think it will bounce back anyways... but I might buy 95's.... even Mittal (MT) calls for the car industry steel play... Great blog...

Zen Pen said...

Does anyone know of a good free site to plot options prices? I have an Ameritrade account but it seems to only plot stock price, not options prices.

Thanks!

Angelo Pappas said...

Man, all the RATM clips...fuck yes!
BOTD you're alright buddy.

Big Mike said...

BOTD if appl closes below $103 on friday do we sell?

BUY ON THE DIP said...

Bought more 100s on this dip.

did Faz hit 55 yet?

Smokey said...

Try www.marketwatch.com you can view the trend in options on a chart on a daily, 5-day, month, etc graph...

Smokey said...

Whats the deal with FAZ hittin $55? Is that you sell price? Are you gonna switch to FAS? I myself was waiting for FAS to hit $20 or lower.

"we'll do a "greatest hits" post next weekend, including updated rules and our 2009 preview."

Thank you Thank you Thank you!!!