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SamsaricSufferer

01/07/13 2:07 PM

#56459 RE: xtremezz #56327

It has got to fall sometime RSI >80 today. I am holding longer term on this one. Sold some FEB 70 calls against my common. I know the old saw about you are assuming all the downside risk if the stock tanks but that is BS. If I want to sell the common just cover my calls for less than I paid and flip the common out. One extra transaction is no biggy.
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SamsaricSufferer

01/09/13 10:42 AM

#56833 RE: xtremezz #56327

DDD - back in up mode. If my shares get called away at a net of 71 per share I will be up 73% in 3 months from a 41 entry. I won't cry for long. Now AAPL needs to get off of it's butt.