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re: Option Traders get in here. Made a small fortune off Apple. Do I stay in?

Posted on 1/3/20 at 6:43 pm to
Posted by lsu17champ
Baton Rouge
Member since Mar 2019
72 posts
Posted on 1/3/20 at 6:43 pm to
I've been in apple since the split, it will go at least to $380. Tell me more about how much you put up and made? The same guy who predicted the top stocks with apple being one of them said apple will be one of the best again...
Posted by EthanL
Auburn,AL
Member since Oct 2011
6963 posts
Posted on 1/3/20 at 6:54 pm to
I deal with options I’m small time and can do only as much as my wife will allow. Back in June I took out (2) options at $3.15 a piece for Apple to hit $240 by January 31... Got semi-cold feet and sold one of them in October, but I kept the other one and sold it last week for 5 grand. In between that time I’ve taken out all kinds of options with strikes of $300, $317, etc all ending January 24th thru 31st. I’m about to sell them and reinvest the profits putting at least half the profits into $350-$420 strike prices that end June of 2020.

I read one prediction of a 40% pullback. Is this a short seller serving his own interest or do I go with Apple?

Man sorry about the typos wow
This post was edited on 1/3/20 at 6:59 pm
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 1/7/20 at 8:28 am to
quote:

I've been in apple since the split, it will go at least to $380


Yeah, I sold out at $132 I did turn around some point afterwards and use that money to buy Visa in the upper 60s/low 70s though. IIRC, that's how it happened, I put some in a Vanguard Dividend Fund and the other half in V.

This post was edited on 1/7/20 at 8:30 am
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