10-15-2013, 03:19 PM
I also have 60 shares of AAPL in my more actively traded account. I'm ready to get rid of the position however, and have sold April calls from $430 up to $510 strikes. Hopefully the shares will mostly be exercised when April rolls around. I like Apple, but when a tech stock peaks as with this company, there don't usually seem to be many bells and whistles in the future. How many examples are there of these once high flying darlings that had their moment, and then either went nowhere, or went to dust?
Lots of your tickers are on my, 'really great companies would love to own them list', but not at current levels. IMO this crazy, wildly manipulated market will give much better entry prices in the future. So for now I wait, and insist on getting paid a good income stream from the investments that are in place.
Lots of your tickers are on my, 'really great companies would love to own them list', but not at current levels. IMO this crazy, wildly manipulated market will give much better entry prices in the future. So for now I wait, and insist on getting paid a good income stream from the investments that are in place.
Alex