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Trade Alert: Apple Bites

October 19, 2012 by Cody Willard Leave a Comment

Wrote this earlier:

Other than that, there’s the AAPL which is still acting like it’s got the flu and the tanking that GOOG took after earnings yesterday has money flowing out of AAPL too. At least for now. I’ll probably look to add to my calls in my next tranche if the stock gets below $620 or so.

Stock is below $620. I’m buying back some more of those calls that we sold at much higher levels. And yes, it’s hard to do so. Make the hardest trade, right? Gulp.

 

Related posts:

Trade Alert: Removing CIEN and JDSU plus Updated Analysis for BKS, INVN
Trade Alert: Trimming some 70% gains in PI into the hype
Trade Alert: You scared, worried or relieved? Why I'm buying some put hedges
Trade Alerts: A couple 5G plays, a trim and two shorts
Trade Alert - Remember my outrageous Facebook price target?
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Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

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