Gregg Thurman on Schwab graphs Apple's technicals, pitches a vertical call option spread (video) - 'Bullish Cross, wasn’t that Andy Zaky’s investment blog? If you lost due to his advice you were not alone. He got sued for millions, then disappeared. I can’t blame you for being sour on options after that experience.'
on Schwab graphs Apple's technicals, pitches a vertical call option spread (video) - 'No, all decisions were made on my own. I’ve never, ever used a broker. (I wouldn’t bother, unless they were better at it than I am, and if they were, why would they bother to be working as a broker?) My only real loss was from buying vertical call spreads, back in the days of Bullish Cross, in 2012-2014. A play where time ran out before the stock recovered. But putting that aside, the only trading since then (i.e. from 2012) has been selling occasional AAPL covered calls. And I can say that though I certainly made money on that (because you literally *cannot* lose money selling a covered call), I made *less* money than if I’d never entered into it at all, because AAPL was always going up, up, up, and there’ve been times when the stock has been called away. I’m not saying people can’t make money with options: I’m just here to say your odds of doing it are way lower than you think they are. Someone out there may prove me wrong. Most won’t. Common stock may be boring, but it’s awful forgiving when things go sideways, compared with options. Basically, I’ve held AAPL since 2005, never ever selling, so my return is pretty much astronomical. It’s just that occasional options forays have cut it down by a smidge, not really enough for me to notice, but enough for me to get up on my high horse and issue the warning: “There be dragons here.”'
on Schwab graphs Apple's technicals, pitches a vertical call option spread (video) - 'Thanks Greg. Options trading has always mystified me, but I ultimately wanted to try – and not lose a bunch of money. The step-by-step process is what I needed but just couldn’t grasp without some hand-holding. Your example above seems to be a good one'
on Schwab graphs Apple's technicals, pitches a vertical call option spread (video) - 'Check out Tastytrade too.'
on Citi hikes its Apple price target $15 to $315 - 'Good catch. Just a guess, he may refer to a launch of an iPhone 18e, successor the 16e. Apple updates their ‘budget’ phones at a slower cadence and in the spring. It makes economic sense to launch budget phones after the surge of a new launch when manufacturing and component costs decline.'
on Citi hikes its Apple price target $15 to $315 - 'Nope. (Malik also noted the possibility that Apple could push the release of the base model iPhone 18 from fall 2026 to early 2027.) iPhone 17 chip uses TSMC’s N3P technology and their next gen N2 is in full production NOW. To suggest Apple might change iPhone release timing makes me question his thought processes.'
on Schwab graphs Apple's technicals, pitches a vertical call option spread (video) - 'I’ve used Think or Swim for years when it was owned by TD Ameritrade'
on Seeking Alpha: Apple gets an F - 'Especially when they highlight that Apple’s cap-ex has grown almost 3x more this year than its “peers”. Given how pundits and the market have crucified Apple during the last year on its refusal to spend even a fraction of the cap-ex its AI “peers” are spending, and at times the stock price has been hammered because of it, it would seem Seeking Alpha is talking about a different set of “peers” than most people have been talking about over the last year+.'
on Apple was red, turned green - 'It’s about 30 minutes to the closing bell and Apple is off about a nickel at $277.84. Apple supplier Corning is up 2.55% at $90.52. Healthcare giant CVS is ahead today 3.06% at $78.87. On the S&P 500 Apollo Global Management sits atop the leaderboard, rising 5.82% to $145.38. Among the index components about half are in the green on the day.'
on Citi hikes its Apple price target $15 to $315 - 'We are in the weird time of the year when Apple stock often struggles before an end of year rally. Given the number of Analysts recently who have raised their price targets to well over $300 dollars a share the price action in the stock is giving them the Rodney Dangerfield treatment. Good projections from an Analyst take a while to be believed. Now if someone has bad projections to talk about the reaction or overreaction is usually felt no matter how significant or believable the news actually is. And the overall market moves around the Fed decision on interest rates can easily drown out the lowly analyst calls. At least for the short term.'
on Seeking Alpha: Apple gets an F - 'It seems to be essentially the same kind of stuff being said about Apple in the article that PED has links for in the related area after the present article from May 12, 2024. Only Apple is about 90 bucks per share higher than it was back then. Lots of people can have different ways to evaluate stocks and make money in the market. If that works for them, that’s great. Staying invested in Apple has worked for me. I don’t mind seeing the negative stuff. It just causes me to look at my investment again and justify it. I do think Apple is very richly valued here. But they can grow into this present valuation and it usually doesn’t grow in a linear manner like some of the other stocks. Also, part of what goes into that equation for me is the stock buybacks that decrease the share counts. So I stay invested but sell shares to keep up a cash position in retirement, usually at the start of the year so I can get an idea about what taxes I will need to pay for the rest of the year.'
on Schwab graphs Apple's technicals, pitches a vertical call option spread (video) - 'Let’s say I believe Apple will hit 290 by the end of the year. It is 277 now.. I have 2500 cash in my retirement to play with, without worrying about taxes. What would be the play? Then, assume I think it will go down to 260. What would be the play?'
on Schwab graphs Apple's technicals, pitches a vertical call option spread (video) - 'I don’t know enough about options to ask any questions, but I would be interested in reading a primer to learn the basics. Any suggestions would be appreciated.'
on Seeking Alpha: Apple gets an F - '“… compared to its peers …” What peers? Give me names and let’s compare.'
on Schwab graphs Apple's technicals, pitches a vertical call option spread (video) - 'Since many PED3.0 users have also bought an AVP, I have sometimes thought it would be fun to get together on a call and have someone explain options / max pain etc.'
