I think Jason said he was speculating on Apple. Earnings on 1/25/10. Anyone going to be playing the earnings? I bought 20 shares this morning at $210 just to keep an eye on it with a stop around $208.90.
Let me know your thoughts and what you would do if you were to play the earnings.
Mark, I sold naked $190 puts on AAPL that expire Jan. 15 before earnings. This was not an earnings play for me, just simply taking on a very low risk trade and hope I don't get unlucky.
ReplyDeleteWouldn't bet against Apple. Running into earnings. I sold the Feb $220 put today for $15.65 and bought back at $15.20 for a $43.5 quick scalp. I'll look to go long if it can close above yesterday's high around $211.80 which it's closing in on as I type. I think this stock is poised to run soon into earnings...
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