AAPL is on my rader this morning. I sold a put against my wanting to buy it, figuring that 165 wouldn't be a bad level to get in on, rather then doing a limit, I sold a put, if it goes unfilled, so be it, I made $540 on the put, if I get called on it, oh well, now I own the stock that was called away from me at 165. But what will the stock do? Seems with the tablet rummers it can't go down right now, but what if the general market crashes? Will AAPL hold up? Probably not.
Tuesday, September 1, 2009
AAPL is on my rader this morning. I sold a put against my wanting to buy it, figuring that 165 wouldn't be a bad level to get in on, rather then doing a limit, I sold a put, if it goes unfilled, so be it, I made $540 on the put, if I get called on it, oh well, now I own the stock that was called away from me at 165. But what will the stock do? Seems with the tablet rummers it can't go down right now, but what if the general market crashes? Will AAPL hold up? Probably not.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment