re: Covered calls on AAPL?

Are you serious? Just because Apple hasn't done anything doesn't mean they wont. You guys keep selling your apple, I certainly have a ton and have added more here recently in the low 90s, my whole basis is $47 so I really dont care, but the reality is, they're boosting the dividend every year, their cash is growing and apple is going to be a monster for the rest of our lives bc their ecosystem has people locked in for the most part. Apple could buy tesla, but why? Its not like Tesla has technology apple cant duplicate. Apple will probably sit around, let tesla do all the innovating, and when tesla perfects the car battery apple will jump in and build 5x as many gigafactories with all their cash and just get to work launching cars then.

Apple has cash that amazon,tesla,netflix,etc all dream of having, cash opens doors to everything. Just bc Icahn bailed on Apple doesnt mean its a dog. Lets not forget Icahn went long CHK at $15 recently, he went long Hertz before it crumbled, and many other atrocious investments. Apple was one of his few good buys and he bought that at $475 when it lingered in the 300s and low 400s for a long long time. Icahn may be one of the best ever, but lets not pretend like he's steve cohen.

Everyone is dying for apple to make a purchase and berates them for not doing it. Why on earth would they overpay for these companies at ridiculous valuations today, they're being prudent and realize they dont have to buy anything today at these awful multiples and when the markets come back to reality, if they ever do then apple will have a mountain of cash to begin picking up assets with. Ask the oil companies how wise it was for them to do all those mergers at $100 oil.

You can hate on me all you want but Im not a total moron at analyzing individual names. Actually those who went long the few names i laid out in 2013 like PM,MO, and V seem to have done alright.