Following AAPL’s disappointing fiscal Q1 earnings and the stock’s subsequent 8% decline, we adjusted a bullish leaning call calendar. We turned the position into a Call Butterfly with an attempt to repair the trade when …
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Going into earnings we placed a trade on AAPL (below) that looked to finance a mildly bullish bet over the next few months by selling the earnings week options, basically betting on a small move on …
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AAPL reports their fiscal Q1 results Monday after the close. The options market is implying about a 5% one day move which is a tad shy of the avg over the last 4 qtrs of …
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MorningWord 10/15/13: The mania surrounding AAPL’s stock from the lows of the financial crisis in 2009 of about $80 to the highs slightly above $700 in 2012 will be written about and studied for decades …
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MorningWord 6/11/13: OK Lets get a few things out of the way, the investment world is in near universal agreement that AAPL’s stock has bottomed, but having little to do with the product roadmap. It …
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MorningWord 4/26/13: The SPX’s strong performance out of the gate in 2013, despite early fears of fiscal cliff, sequestration and questions regarding the strength of the global recovery have made it a tad difficult for equity investors …
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MorningWord 4/25/13: After all the hype, all the anticipation into AAPL’s fiscal Q2 earnings report, the stock basically ended unchanged on the day yesterday after some early morning volatility that resulted in an almost 6% …
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MorningWord 4/24/13: In case you missed it, last night after the close, AAPL reported their fiscal Q2 and guided for the current qtr. Here is a quick summary of results compiled by Business Insider: Revenue: …
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MorningWord 1/18/13: INTC’s Q4 report and Q1 /full year 2013 guidance issued last night was nothing short of a mixed bag for investors. For the quarter, eps was higher than expected largely as a result of …
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MorningWord 1/17/13: As I write, investors are digesting 2 earnings reports that on the surface appear to be disappointing (C missed on earnings & BAC on revenues), which I would say were against fairly divergent …
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