bought a few dozen calls on Apple, $170 strike nov 26th expiry. i basically figure creators and reviewers and everyone who’s been waiting will be starting to get these over the next few weeks and the halo effect will be great. & it’s a good sign that apple listened to customers
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ok so a few friends are buying into this crazy apple option bet, but i feel good about it.
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my gosh. ok so a rule of thumb that's worth remembering is, if it goes up 2x you could sell 1/3rd and still be exposed to exponential returns even if you do this repeatedly.pic.twitter.com/eOdqa23mZD
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anyone who listened (probably intelligently) and hedged when this did go up, good going. Apple slipped hard at the end of the day and has yet to find ground. Beats me as to the cause. Allegedly there's a recall program expanded to the UAE for iPhone 12. Big whoop.
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