FYI - AAPL earnings this Monday January 27.

Discussion in 'Options' started by FXforex, Jan 23, 2014.

  1. FXforex

    FXforex

    FYI

    AAPL earnings this Monday January 27. You have the weekend to think about what to do. I'm thinking of weekly Jan31 calls a few strikes OTM in the $3.00 range, purchased at about 3:30 PM EST on Monday.

    :)
     
  2. It's always a gamble unless you have insider information.
     
  3. FXforex

    FXforex

    I do have insider information. I was inside the mall today and the Mac Store was packed.

    :)

    EDIT: Jan31 595.00 Calls at $2.56 look good. Depends on what happens Monday.
     
  4. Yeah, 1 apple store being packed is redundant. Best buy was packed and the stock dived 20% in Q4.

    You need more information than that to make a good bet.

    Such as:
    Icahn is in it.
    It's a value play with 14 PE ratio.
    It's been up 30%+ in the past 6 months.

    Still a gamble.
     
  5. FXforex

    FXforex

    Wrong .......... Best Buy was not packed, maybe in the distant past they might have been packed but not now.



    All noise.
     
  6. You should see how AAPL is impacted by China's potential credit crisis before you buy any call options, just saying.
     
  7. FXforex

    FXforex


    UPDATE:

    AAPL at 548.65. The Jan31 585.00 Calls are now within my price range at $3.15. Holding off till Monday.

    :)
     
  8. FXforex

    FXforex

    UPDATE:


    • AAPL at $553.21
    • Bought 1 Jan31 590.00 Call at $2.57
    :)
     
  9. FXforex

    FXforex

    Looks like those Call options will be expiring worthless. AAPL down -6% during AH.

    :(
     
  10. They beat expectations, so what caused the drop?
     
    #10     Jan 27, 2014