Apple Inc (AAPL)

[Steve Nix]

Good Luck FA! Having lost way more than my share of option money, mainly because I find it so hard to limit the total investment amount each time, I have become more conservative in my old age. I pay more per deal but with the current AAPL situation anyway, go way out until (at this go-round at least) April 2014 on expiration. So, instead of $119 for 100 option shares, I will have to pay over $3,000 for the same # of option shares (at the same $440 price), but have the luxury of time on my side. I have also lost by not selling soon enough. I have been greedy at times, but now sell if the investment doubles. I wish you luck with your purchase and will watch it with you.