09-14-2012, 11:17 AM
Okay, I know you guys are not Apple fans (except Breand), but I'll sell my book one more time.
Despite the stock hitting new highs every day, I don't think it's too late to get in. Not even close. The iPhone 5 preorders sold out in one hour - it took 22 hours for that to happen with the 4S, and that was a blockbuster seller. Next two earnings reports from Apple are going be beyond huge.
If you don't want to risk too much money, I recommend call spreads. You can get them very cheaply, and make a killing if the stock takes off. Or if you want to really roll the dice, buy a Jan 2013 $960 call for $1.06 ($106). If AAPL is $1000 on that date your $106 will have ballooned to at least $4000. Another option - $895 call for $263. AAPL at $1000 would pay out $10,500...
(naturally I take no responsibly for any losses if AAPL drops to $100
)
Despite the stock hitting new highs every day, I don't think it's too late to get in. Not even close. The iPhone 5 preorders sold out in one hour - it took 22 hours for that to happen with the 4S, and that was a blockbuster seller. Next two earnings reports from Apple are going be beyond huge.
If you don't want to risk too much money, I recommend call spreads. You can get them very cheaply, and make a killing if the stock takes off. Or if you want to really roll the dice, buy a Jan 2013 $960 call for $1.06 ($106). If AAPL is $1000 on that date your $106 will have ballooned to at least $4000. Another option - $895 call for $263. AAPL at $1000 would pay out $10,500...
(naturally I take no responsibly for any losses if AAPL drops to $100
)
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market