Comments on: AAPL Covered Calls and Naked Puts http://mytradersjournal.com/stock-options/2007/04/19/aapl-covered-calls/ Investing in Stocks Through Options Fri, 10 Oct 2008 23:00:09 +0000 http://wordpress.org/?v=2.6 By: The Downside of Covered Calls, AAPL Fights Back http://mytradersjournal.com/stock-options/2007/04/19/aapl-covered-calls/#comment-3 The Downside of Covered Calls, AAPL Fights Back Thu, 26 Apr 2007 12:06:42 +0000 http://mytradersjournal.com/stock-options/2007/04/19/aapl-covered-calls/#comment-3 [...] Man, I debated it and debated it, but decided to sell a covered call on AAPL on Monday, see my Greed post.  I was planning to wait until after earnings came out on Wednesday, but got spooked on how I was loosing on NYX.  I covered, luckily OTM.  Since then AAPL hasn’t looked back and I ended up leaving $500+ on the table.  I considered waiting because I thought they’d beat earnings, like last quarter, which they did.  Last time around, I did the same thing and like this time I’m pocketing a nice profit, which could have been more.  That’s the downside of covered calls.  They treat me right on most trades, but every so often I get smacked with a feeling of regret that I could have made more. The bright side is that at least I bought my April AAPL call back and will have an extra ~$800 in two months from the transactions. [...] [...] Man, I debated it and debated it, but decided to sell a covered call on AAPL on Monday, see my Greed post.  I was planning to wait until after earnings came out on Wednesday, but got spooked on how I was loosing on NYX.  I covered, luckily OTM.  Since then AAPL hasn’t looked back and I ended up leaving $500+ on the table.  I considered waiting because I thought they’d beat earnings, like last quarter, which they did.  Last time around, I did the same thing and like this time I’m pocketing a nice profit, which could have been more.  That’s the downside of covered calls.  They treat me right on most trades, but every so often I get smacked with a feeling of regret that I could have made more. The bright side is that at least I bought my April AAPL call back and will have an extra ~$800 in two months from the transactions. [...]

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