February 13th, 2012
Published Daily

AAPL – Apple Computer (Last:209.09)

by Rick Ackerman on December 30, 2009 3:20 am GMT

We bought two January 230 calls yesterday for 1.00 and have bids in for four more: two @ 0.52, and two @ 0.42, both good through Thursday.  This is a speculative bet on the prospect of a Big Rally kicking off the New Year.  This seems plausible if not likely, but if it does occur, you can bet that AAPL shares will lead the charge.  I expect the stock to regain traction, though not to explode higher, by week’s end.



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