re: Covered calls on AAPL?

quote:

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Do you not think Apple can take out whatever emerges. That's the point you're missing, I said earlier I feel we're entering an age where Apple,Google,Facebook are so flush with cash/stock that they will literally take out any emerging competition.

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No, I'm not missing that. That rising star doesn't have to accept a takeover offer from AAPL just because it is a large offer. If AAPL wants to try a hostile takeover, the rising star can look to Google or Microsoft for a white knight to protect it. And if AAPL just wants to force it to capitulate? Well, good luck with that if the rising star has intellectual property and/or can ally with Microsoft or Google to protect itself.