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Investing Any options traders here?
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BIGINJAPAN Offline
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Post: #6
RE: Any options traders here?
(12-06-2012 09:03 PM)defguy Wrote:  I trade AApl. Its expensive but the markets are really efficient and so that is reflected in the price. I typically like to buy in the money calls (always bullish on Apple it has 50 billion in cash) at around 8.00-10.00 1 to 2 months out and sell it when the option makes a 3 point movement in my direction. The stock will move sometimes 30 basis points in 1 day. I dont have it down to a science but with the volatility and volume and taking small but reasonable profits it seems to work. Hedging such as straddles and strangles is often recommended but I think buying in the money calls with a 1 - 2 month out expiration is safe enough bet. Any suggestions you would like to add that could help my strategy would be great.

Apple has double that 50 Billion. I believe they sit at over a 110 billion. But margins are being compressed rapidly. The bullish case for Apple is changing. Not to mention it has no real price support until you get down to $420 a share. And even then that is pretty weak. Look for Apple to be trading around $200 at some point next year.

But as for trading options I use every strategy possible. I do sell alot of puts and calls. I also do the credit spreads when appropriate. But nothing gets me higher than trading weeklys on AAPL and GOOG. I love that shit. I buy OTM strikes based on support and tape reading.

" I'M NOT A CHRONIC CUNT LICKER "

Canada, where the women wear pants and the men wear skinny jeans
12-07-2012 02:44 AM
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Messages In This Thread
Any options traders here? - juice - 12-06-2012, 08:05 PM
RE: Any options traders here? - defguy - 12-06-2012, 09:03 PM
RE: Any options traders here? - juice - 12-07-2012, 02:13 AM
RE: Any options traders here? - BIGINJAPAN - 12-07-2012 02:44 AM
RE: Any options traders here? - juice - 12-07-2012, 12:55 PM
RE: Any options traders here? - HiFlo - 12-06-2012, 10:30 PM
RE: Any options traders here? - juice - 12-07-2012, 02:14 AM
RE: Any options traders here? - Spike - 12-07-2012, 04:06 AM
RE: Any options traders here? - juice - 12-07-2012, 12:56 PM
RE: Any options traders here? - BIGINJAPAN - 12-07-2012, 02:45 PM
RE: Any options traders here? - RichieP - 12-07-2012, 05:43 PM
RE: Any options traders here? - BIGINJAPAN - 12-07-2012, 09:53 PM
RE: Any options traders here? - juice - 12-08-2012, 12:32 AM
RE: Any options traders here? - RichieP - 12-08-2012, 02:26 AM
RE: Any options traders here? - bhawthorne - 12-08-2012, 11:59 AM
RE: Any options traders here? - juice - 12-09-2012, 04:41 PM
RE: Any options traders here? - sheesh - 12-09-2012, 09:21 AM
RE: Any options traders here? - Seadog - 12-12-2012, 04:59 AM
RE: Any options traders here? - BIGINJAPAN - 12-09-2012, 01:42 PM
RE: Any options traders here? - juice - 12-09-2012, 04:43 PM
RE: Any options traders here? - defguy - 12-10-2012, 12:05 PM
RE: Any options traders here? - bhawthorne - 12-11-2012, 08:39 AM
RE: Any options traders here? - sheesh - 12-12-2012, 05:37 AM
RE: Any options traders here? - BIGINJAPAN - 12-12-2012, 12:04 PM
RE: Any options traders here? - juice - 12-12-2012, 11:38 PM
RE: Any options traders here? - BIGINJAPAN - 12-13-2012, 12:16 AM
RE: Any options traders here? - Rocket13 - 12-13-2012, 12:20 AM
RE: Any options traders here? - BIGINJAPAN - 12-13-2012, 12:38 PM
RE: Any options traders here? - sheesh - 12-13-2012, 08:30 AM
RE: Any options traders here? - ElJefe - 12-14-2012, 06:30 AM
RE: Any options traders here? - BIGINJAPAN - 12-14-2012, 01:21 PM
RE: Any options traders here? - BIGINJAPAN - 12-14-2012, 02:46 PM
RE: Any options traders here? - juice - 12-20-2012, 12:19 PM
RE: Any options traders here? - bhawthorne - 12-20-2012, 01:05 PM
RE: Any options traders here? - BIGINJAPAN - 12-14-2012, 04:05 PM
RE: Any options traders here? - BIGINJAPAN - 12-14-2012, 04:06 PM
RE: Any options traders here? - defguy - 12-22-2012, 02:38 PM
RE: Any options traders here? - Sleazy - 10-12-2018, 04:59 PM
RE: Any options traders here? - Sleazy - 10-12-2018, 05:09 PM
RE: Any options traders here? - Cortés - 10-12-2018, 05:07 PM
RE: Any options traders here? - tomtud - 10-12-2018, 06:01 PM
RE: Any options traders here? - tomtud - 10-16-2018, 07:14 AM
RE: Any options traders here? - Sleazy - 11-12-2018, 05:04 PM
RE: Any options traders here? - Sleazy - 11-13-2018, 05:21 PM
RE: Any options traders here? - Sleazy - 11-19-2018, 08:38 PM
RE: Any options traders here? - Bacchus - 11-20-2018, 12:04 AM
RE: Any options traders here? - Sleazy - 11-20-2018, 10:04 AM
RE: Any options traders here? - Captain Gh - 11-20-2018, 01:06 AM
RE: Any options traders here? - Sleazy - 11-20-2018, 10:08 AM
RE: Any options traders here? - Captain Gh - 11-20-2018, 11:04 AM
RE: Any options traders here? - Sleazy - 11-20-2018, 11:31 AM
RE: Any options traders here? - tomtud - 11-20-2018, 02:47 PM
RE: Any options traders here? - tomtud - 11-20-2018, 04:40 PM

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