Monday, December 15, 2008

The Roll-Down Move # 95 ~ Apple Inc.(Public, NASDAQ:AAPL)


... with the (GS) downgrade, our AAPL 100s felt a bit too distant. SOLD the 100s, rolled-down to the 95s.
DEC 20, 2008 $ 95.00
CALL(QAALS)
good luck.

8 comments:

Big Mike said...

i got out of appl 6% loss

BUY ON THE DIP said...

smart move mike.

still got that FAZ?

Big Mike said...

yeah going to hold that one..

stupid GS appl should have been up today i could have broke even

Anonymous said...

GOLDMAN DOWNGRADES APPLE (AAPL) TO NEUTRAL FROM BUYAnalyst David Bailey tells salesforce downgrades on concerns about consumer spending in seasonally softer H1 '09, AAPL's valuation premium. Notes checks in Asia for Dec. Q were better for AAPL than for other PC, smartphone vendors, but some nicks started to emerge. Says shipments of MacBooks, iPod nanos, iPhone were all slightly lower than what was expected going into Q, AAPL should face tougher environment in March, June Qs as consumer demand takes another leg down. Cuts $5.13 CY 09 EPS estimate to $4.75, $125 12-mo. target to $115./

Big Mike said...

BOTD

any thoughts on GS tomarrow?

should i load up more on FAZ today?

Anonymous said...

FAZ 53.00 7.35 (16.10%

kevin said...

BOTD!

Think it's a good idea to hold FAZ through the GS earnings. I know they are going to be bad, but the market could react positively if it isn't toooo too bad. thus, I am wondering if I should sell at the end of day, and buy back tomorrow when the market panic buys

AJ said...

underwater all day on AAPL DEC-95's --- averaged down, and got out with $500+ by sheer luck... yikes -- glad you followed in-- you prob got a better entry... Didn't want to lose the green to OVERNIGHT time decay or some other foolish downgrade... got LOng the stock too... maybe covered calls for FRIDAY... been a reader of the BLOG for a while-- first comments today... all best