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  • 6
    conshmillo

    conshmillo 4:30 am on June 8, 2010 - 2548 days ago

    I watched the pieces of keynote and I can’t say I was WOWed. Although I like iPhone 4 very much, I have a feeling that they could give us some of it’s features much sooner. I kind of don’t like this portioning of features where first time adopters get actually punished for buying product that was capable of delivering more. Where many of the obstacles to new features were created artificially. In current shape iPhone 4 looks like a final product.
    Although we tend to not like competition from Android camp, I think it is beneficial for us as customers that Android and htc things are around. It forces Apple not to mess around and give features as they are available, not portion them for better sales.
    Other thing I was expecting, and didn’t hear about in keynote was news about data center Apple is building. I kind of thought that is going to be same kind of big announcement. Didn’t happen.

    http://events.apple.com.edgesuite.net/1006ad9g4hjk/event/index.html

     
    • nolavabo

      nolavabo 2:35 pm on June 8, 2010 2548 days ago

      Look up Jobs’ interview at d8 conference. He talks about how iPad proto was brought to him 5 yrs ago and he had a lightbulb moment – we can make a phone with this! Apple is genius at holding back features to drive future sales. They held back the iPad to sell the iPhone, which is genius. All the way back to first iMac, with USB only, holding features back was smart business. Yes, it makes u feel like u on a treadmill running to stand still, but that’s part of being a cult.

      yes, android good for competition, and will reduce how many features held back

      • Nicu

        Nicu 3:16 pm on June 8, 2010 2548 days ago

        @nolavabo
        hey, this story (iPad) is not only about holding back, it was just impossible to sell many iPads without apps and could not get enough apps without many iPads sold (not to mention that the tech they put in now was not available) – it was genius to sell 6M iPhones with no apps and only then let the bulls run, remember how developers were hot and angry bad Ô£ø did not allow apps ? you could sell that amount of a beautiful smartphone / iPod / internet device … but you could not sell a weird internet tablet with no apps !

    • conshmillo

      conshmillo 3:14 pm on June 8, 2010 2548 days ago

      Looks like market agrees with me here. Apple not advancing much after the keynote. Dragging down Nasdaq too.

      • Nicu

        Nicu 3:17 pm on June 8, 2010 2548 days ago

        @conshmillo
        yep, I’m getting screwed with my June calls :(

        • conshmillo

          conshmillo 3:37 pm on June 8, 2010 2548 days ago

          @nicu
          AAPL is still holding great. Dow already retraced 100% to those levels we reached on that 1000 point crash day. AAPL is just humming along. It retraced barely 20% from high of that day. We need Dow to hold here (9770 support). If it can do that, which I am believing 60/40 it can, it will push MACD into bullish crossover, which could get things moving up again. If AAPL can hit (and cross) 265 again, there should be some major rocketworks!

    • Nicu

      Nicu 1:08 pm on June 10, 2010 2546 days ago

      http://techcrunch.com/2010/06/09/iphone-4-missing-features/

      it seems I’m not the only one thinking that Apple is doing their best wrt the quality of their products, it’s just that Apple-level quality takes time to perfect :)

  • 5
    conshmillo

    conshmillo 9:52 pm on June 7, 2010 - 2549 days ago

    It’s seems like Gizmodo can’t contain now it’s hatred for Apple. They publish anything they can dig up that criticizes Apple and suddenly cheer for the competition.

     
    • RattyUK

      RattyUK 8:37 am on June 8, 2010 2548 days ago

      Consh, I think that Apple are going to be raining down upon them shortly and they know it. Also the geek crowd are now firmly in the Android camp it’s far easier to list a collection of bullet points as specs than it is to argue ease of use and quality of experience.

      • conshmillo

        conshmillo 5:13 pm on June 8, 2010 2548 days ago

        @rattyuk
        I think Apple already does. If you’ve seen all of that All Things Digital video, Jobs says there that he had to think hard about whether to “let it slide”. And although it was hard decision, he decided not to. It would just set bad example.

    • nolavabo

      nolavabo 11:23 am on June 9, 2010 2547 days ago

      I had a hands on experience with an Android device last weekend for 2 hours. Friend was issued one by work and wanted help setting it up. This is Windows vs Mac OS all over again. On bullet points or checkbox lists, Android has everything and more than iOS does. But in actual use, it feels wrong and clunky.

      A simple example is the timing settings for scroll vs click. My friend has never used a touchscreen smartphone before, so is not “polluted” by prior iPhone use. His first time attempts are, by definition, what is most natural and intuitive for us. When he tried to scroll up and down in his email list, about 1/3 of the time it would select and open the email instead. Multiply this tiny niggling doubt by 300 other tiny problems and the overall experience is just not as organic. He *NEEDED HELP* setting it up – to him the extra level of complexity that Android offers, with many, many more user customisable settings, is a bad thing not a good thing.

      The above paragraph is what separates geeks and normals. A normal wants to use his phone to get a task done. A geek wants to get his phone to do what he thinks a phone should do. There will always be a market for Android just as there will always be a market for iOS. The only market that matters is the one that doesn’t know which one it wants yet.

      And to stay on topic – Gizmodo, bunch of crybabies. Kevin Mitnick turned being arrested into virtual martyrdom for hackers, and spun that into a business. Gizmodo has failed at becoming a new martyr for bloggers = journalists. Their reaction can be summarised as “stop being such a meanie, Apple”.

    • admin

      admin 1:54 pm on June 9, 2010 2547 days ago

      Yeah, there are few things that are overlapping and that can help compose the picture of Android’s future. Not that it has to be that way, just the indication, same as stock indicators show.

      1. GEEK
      Android people are pretty much Linux crowd. As you are saying, geeks in general. If we look at history of Linux (totally free software), it supposed to take over the world 10 years ago. It didn’t. Not on desktops/laptops. Problem with geeks is that they are not designers. They are all left brained. Their product will appeal mostly only to other geeks.

      2. CHEAP
      Android people are cheap, they don’t want to spend money. It’s all about free software, open-source, sharing, etc. Which is all nice, but it doesn’t make a money. (It’s easier, and more profitable to sell 1 Lexus than 5 Chevy Geos). Hard to stay in business if one doesn’t make money.

      Those conclusions are not to judge them. It’s just the snapshot of most prevalent customer and it’s ramifications. I don’t think Google did right thing to choose this direction (and Apple is already in retaliation mode), I think they will have eventually a rude awakening, but it may take a while because they have right now advantage of owning busiest billboard on the planet – google search engine – and can advertise their product pretty much for free.

    • Birra

      Birra 10:22 pm on June 9, 2010 2547 days ago

      I think the ‘rude awakening’ has just occurred. The Admob acquisition just became very over priced. Personally I love the way Apple just gets even.

  • RattyUK

    RattyUK 8:10 am on June 7, 2010 - 2549 days ago

    The complete Steve Jobs Interview from last week is now available:

    http://video.allthingsd.com/video/d8-steve-jobs-onstage-full-length-video/70F7CC1D-FFBF-4BE0-BFF1-08C300E31E11

    enjoy.

     
  • 1
    conshmillo

    conshmillo 1:38 am on June 7, 2010 - 2549 days ago

    I don’t know yet what Europe will do as London’s (FTSE 100) that I watch is not open yet. But China is down -1.91% and S&P 500 futures (/ES) are acting quite weak. Unless some news come out of EU we’ll have most probably weak Monday.

    After the jobs report on Friday, optimism in quick recovery will probably wane somewhat. However technicals on markets (3 months DIA, SPY, QQQQ) do not look that bad. So it is going to be turf war between longer term economic data fundamentalists and shorter term technical traders. This will probably create a lot of non-directional choppines. Probably the best thing before doing anything is to wait for DIA/SPY to cross bullish on 3 months stochastic.

    I am thinking oil could help markets to recover a bit as it is way too oversold. There are some news that BP was partially successful to cap containment. If they announce they managed to contain the problem, it could be the catalyst for oil stocks/etfs to gain.

    AAPL is technically at the same position as market ETFs. Probably the best thing when going long will be to wait for 3 months stochastic to cross bullish.

     
    • RattyUK

      RattyUK 7:12 am on June 7, 2010 2549 days ago

      Engadget and the rest are showing a new Bluetooth trackpad – could this be the controller for a new Apple TV?

  • 108
    Nicu

    Nicu 2:09 pm on June 4, 2010 - 2552 days ago

    I was not able to go to VIX board, so I’ll post my entry in VIX 21 Oct. PUTs @ $.5, my average on those is $.81 now; also have some Oct. 19 PUTs @ $.4

    The board was down (I think), I exchanged few days ago AAPL Jun. $250 calls to $260 calls for $7.05, I bought this difference about two weeks ago for $2.75 – now my average on those ($260 calls) is about $4.5

     
    • Nicu

      Nicu 11:08 am on June 7, 2010 2549 days ago

      In AAPL June $270 calls @ $2, trying to play an eventual spike today

      • Nicu

        Nicu 12:05 pm on June 7, 2010 2549 days ago

        limit sell @ $4.2 for half, the other half @ $8.5, I’ll be away later :) I’ll get home after the end of the keynote

    • Nicu

      Nicu 2:35 pm on June 8, 2010 2548 days ago

      so there was no spike :( got some more @ $.9, average at $1.45 – trying to get even

    • Nicu

      Nicu 1:43 pm on June 9, 2010 2547 days ago

      in AAPL Jul $260 calls @ $7.5

    • Nicu

      Nicu 3:13 pm on June 9, 2010 2547 days ago

      in AAPL June $260 calls @ $1.5

      • conshmillo

        conshmillo 3:17 pm on June 9, 2010 2547 days ago

        @nicu
        I am monitoring intraday DIA. I will see at close if I may join you tomorrow.

    • Nicu

      Nicu 3:38 pm on June 9, 2010 2547 days ago

      in AAPL Oct $270 calls @ 13.95

    • Nicu

      Nicu 9:59 am on June 10, 2010 2546 days ago

      in AAPL Jul $260 calls @ $6

    • Nicu

      Nicu 9:47 am on June 16, 2010 2540 days ago

      out of AAPL July $260 calls @ $12.25 (+ $6.25)

    • Nicu

      Nicu 10:15 am on June 16, 2010 2540 days ago

      trailing stopped on 25% of my AAPL June $260 calls @ $4.4 (+ $1.4 compared to the average price paid)

    • Nicu

      Nicu 11:52 am on June 16, 2010 2540 days ago

      out of 50% June AAPL $270 calls @ $1.01 (-$.44 on the average price, the deadline is approaching like a high speed train …)

    • Nicu

      Nicu 1:09 pm on June 16, 2010 2540 days ago

      out of AAPL June calls : 25% of $260 calls @ $6.8, 25% @ $6.52 (average price about $3) and of the other half of $270 calls @ $1.13 (-$.32 – glad I escaped, even if we go to $280 tomorrow :) )

    • admin

      admin 2:30 pm on June 16, 2010 2540 days ago

      nice going!!

      • Nicu

        Nicu 3:24 pm on June 16, 2010 2540 days ago

        @admin
        thanks, just got stopped out my last quarter of June $260 calls @ $7.05 (+ $4.05) :)

        I had the same # of $260 and $270 calls so this play is mostly profit (including the small loss on the $270 calls)

        few days ago I thought I’ll have the second loss on AAPL calls (had some expired worthless in May) but I got lucky again, huh !

    • Nicu

      Nicu 9:39 am on June 17, 2010 2539 days ago

      out of July AAPL $260 calls @ $17.75 (+ $10.25)

    • Nicu

      Nicu 10:01 am on June 21, 2010 2535 days ago

      exchanged AAPL July $260 calls to $270 calls for $7.2 :)

    • Nicu

      Nicu 2:55 pm on June 21, 2010 2535 days ago

      in AAPL July $280 cals @ $7

    • Nicu

      Nicu 3:06 pm on June 21, 2010 2535 days ago

      in AAPL Aug $290 calls @ $9.95

    • Nicu

      Nicu 3:07 pm on June 21, 2010 2535 days ago

      I’m getting ready for earnings, I will improve them if she slides even to $250

    • Nicu

      Nicu 3:14 pm on June 21, 2010 2535 days ago

      more Jul $280 @ $5.9

    • nolavabo

      nolavabo 9:55 am on June 22, 2010 2534 days ago

      I’ve been trying to pick the bottom in AAPL. Looks like it was yesterday. In July $270 calls for $11.05. This will run, as a minimum, until the iPhone 4 sales numbers are released, probably on Monday 28. Then there is earnings coming up, which will smash analysts’ expectations once again.

      I will be looking to buy August calls if any pullback occurs.

    • Nicu

      Nicu 2:50 pm on June 23, 2010 2533 days ago

      I was out today but two limit orders were executed : in AAPL Aug $280 calls @ $12.5, in AAPL Aug $290 calls @ $8.9

    • Nicu

      Nicu 9:36 am on June 28, 2010 2528 days ago

      improved AAPL Aug calls from $290 to $280 for $3.35

    • Nicu

      Nicu 9:37 am on June 29, 2010 2527 days ago

      more AAPL Aug $280 calls @ $10

    • Nicu

      Nicu 9:42 am on June 29, 2010 2527 days ago

      improved AAPL July calls from $280 to $270 for $2.75

    • Nicu

      Nicu 10:02 am on June 29, 2010 2527 days ago

      more VIX Oct 19 puts @ $.2, now average $.3

    • Nicu

      Nicu 10:19 am on June 29, 2010 2527 days ago

      more VIX Oct 21 puts @ $.4, avg $.73

    • Nicu

      Nicu 10:31 am on June 29, 2010 2527 days ago

      more AAPL Aug $280 calls @ $8

    • Nicu

      Nicu 5:00 pm on June 29, 2010 2527 days ago

      I was out but the limit order I was hoping for was filled : improved AAPL Aug $280 calls to $270 calls for $3.3

    • Nicu

      Nicu 10:03 am on July 1, 2010 2525 days ago

      improved AAPL Jul calls from $270 to $260 for $2.3

    • Nicu

      Nicu 10:38 am on July 1, 2010 2525 days ago

      improved AAPL Aug calls from $270 to $260 for $3.3

      with that, I’m all in, no more buying power ’cause I shorted Jan 12 $300 puts, no worry for a margin call, just that I cannot buy any more without selling some stock, for a smaller profit than projected :)

    • Nicu

      Nicu 11:58 am on July 12, 2010 2514 days ago

      more July $260 calls @ $2.4, just gambling here
      with the last available buying power I put an order for some more @ $2

    • Nicu

      Nicu 9:34 am on July 13, 2010 2513 days ago

      more AAPL July $260 calls @ $2.03, last one, promise :)

    • Nicu

      Nicu 9:41 am on July 13, 2010 2513 days ago

      brrrr, I could have get a lot more with the same money :(

    • Nicu

      Nicu 9:53 am on July 13, 2010 2513 days ago

      more AAPL Aug $260 calls @ $9 (sold some shares for that @ $249.87)

    • mikeinmontreal

      mikeinmontreal 10:16 am on July 13, 2010 2513 days ago

      Picked up Jan 12 260s for 48.75…weird to see everything up and Apple down. Should have picked up some long term CAT calls last month.

    • mikeinmontreal

      mikeinmontreal 10:18 am on July 13, 2010 2513 days ago

      We would have been over 265 if not for this antenna BS… Almost a $20 hit on the stock.

    • Nicu

      Nicu 11:24 am on July 16, 2010 2510 days ago

      in AAPL Jul $250 calls $2.2

    • mikeinmontreal

      mikeinmontreal 1:02 pm on July 16, 2010 2510 days ago

      Man, the stock is just sitting there @ 250 @ 13h00.

    • Nicu

      Nicu 1:40 pm on July 16, 2010 2510 days ago

      out of 1/3 AAPL Jul $250 calls @ $4.6, 1/3 @ $4.43, the other 1/3 on trailing stop $.9

    • mikeinmontreal

      mikeinmontreal 1:41 pm on July 16, 2010 2510 days ago

      Great call!

    • Nicu

      Nicu 1:41 pm on July 16, 2010 2510 days ago

      ok, out @ $3.66

      • conshmillo

        conshmillo 1:50 pm on July 16, 2010 2510 days ago

        @nicu
        got out of my JUL250 @4.85 (in @2.90)
        will look for possible re-entry. Dow is messing things up pretty badly today. can’t shake the drop.

    • Nicu

      Nicu 1:47 pm on July 16, 2010 2510 days ago

      make few buck on those but lost more on Jul $260 calls that will expire in 2 hours :(

      my hope now are on earnings and my Aug $260 calls :)

    • Nicu

      Nicu 2:43 pm on July 16, 2010 2510 days ago

      in AAPL Aug $280 calls @ $3.75

    • conshmillo

      conshmillo 3:44 pm on July 16, 2010 2510 days ago

      made one more round trip on JUL250. From $1.99 to $2.60 for another .61 (30.65%)

    • mikeinmontreal

      mikeinmontreal 4:01 pm on July 16, 2010 2510 days ago

      Now if we could only find out the August pin…..

    • Nicu

      Nicu 7:06 pm on July 17, 2010 2509 days ago

      I added up all my trades on AAPL Jul calls starting in January and including the round trip from last Friday and to my surprise, thanks to several swings and despite getting greedy towards the expiration (added more and more calls), I turned a small global profit of about $2.8k including fees

      I also added up and I’m in Aug calls for about $21k (price paid, the actual value now is less)

    • Nicu

      Nicu 9:35 am on July 19, 2010 2507 days ago

      bought to cover AAPL Jan 11 $370 calls @ $2.85 (+ about $2.7)

    • Nicu

      Nicu 9:39 am on July 19, 2010 2507 days ago

      improved AAPL Aug $280 calls to $260 calls for $5

    • Nicu

      Nicu 9:43 am on July 19, 2010 2507 days ago

      in AAPL Jan 11 $300 calls @ $12.2

    • nolavabo

      nolavabo 9:44 am on July 19, 2010 2507 days ago

      AAPL is now worth more than it ever has been before, especially since earnings are nearly here and MUST be factored into the PPS. Everybody knows this, everybody knows AAPL is going to crush earnings again.

      And the stock is nearly $30 off it’s all time highs. This is the illogic of the stock market. You can be right all the time, and still lose money.

      AAPL’s EPS has been moving only upwards for the last 5 years. Therefore the stock price should too – but it went 100 202 115 185 78 272 and now 249. In the long run, the PPS will always come back to match the EPS, but in the short term strong divergences can occur. Timing is as important as direction. I believe AAPL is worth $300, but I also believe it’ll see $220-$230 first. $200 is not out of the question either. Looking back, the $78 price level was a gift. Try to view $200 as just another gift.

      • Nicu

        Nicu 10:10 am on July 19, 2010 2507 days ago

        @nolavabo
        I know what you mean, but there is a real chance that we see AAPL at $300 before October and if it goes there, I want to ride this wave for all it’s worth :)

    • Nicu

      Nicu 10:01 am on July 19, 2010 2507 days ago

      improved AAPL Jan 11 $300 calls to $280 calls for $5.4 (those I bought few minutes ago)

    • Nicu

      Nicu 10:06 am on July 19, 2010 2507 days ago

      in AAPL Oct $270 call @ $11.15 – again at max purchasing power, after unloading some AAPL

    • Nicu

      Nicu 10:23 am on July 19, 2010 2507 days ago

      improved AAPL Oct $270 calls to $260 calls for $3.4

    • nolavabo

      nolavabo 11:40 am on July 19, 2010 2507 days ago

      It is possible to make time predictions reasonably well, and possible to make price predictions reasonably well. NOBODY can make price WITH time predictions consistently (except Goldman Sachs it seems).

      I’m in calls for the earnings report. I will be selling and banking profit on any pop. I am considering closing down my entire Australian account and shifting the cash to the US to buy as much AAPL as I can when she eventually bottoms, wherever/whenever that is. Then sticking exclusively to writing covered calls to generate some income along the way. The market is sucking up too much of my time these days.

    • Nicu

      Nicu 3:57 pm on July 19, 2010 2507 days ago

      in VIX Oct 21 puts @ $.25, now average of $.55

    • mikeinmontreal

      mikeinmontreal 5:15 pm on July 19, 2010 2507 days ago

      In Oct 270s at around $10 and January 2012s at around $52 (ave. $56)…looks like it’s a repeat of last quarter so far….Opex around $250….two days of $244ish….hopefully same trend…$256-$272…for Wed-Fri….

    • Nicu

      Nicu 10:45 am on July 20, 2010 2506 days ago

      sold AAPL Jan 12 $270 call @ $43.1 for buying power, got more Aug $260 calls @ $6.1

    • Nicu

      Nicu 10:46 am on July 20, 2010 2506 days ago

      oh, -$3.9 on the call sold

    • Nicu

      Nicu 12:44 pm on July 23, 2010 2503 days ago

      more AAPL Aug $260 calls @ 7.45, average about $12.9

    • Nicu

      Nicu 10:02 am on July 28, 2010 2498 days ago

      exchanged Jan ’11 $240 AAPL calls to $250 calls for $6.35

    • Nicu

      Nicu 11:32 am on July 29, 2010 2497 days ago

      more AAPL Aug $260 calls @ $5.9

    • Nicu

      Nicu 11:03 am on August 5, 2010 2490 days ago

      in AAPL Aug $270 calls @ $2.2, I hope it will be for the very short term, ideally day trade

    • Nicu

      Nicu 12:38 pm on August 5, 2010 2490 days ago

      stopped @ $2.16

    • Nicu

      Nicu 10:46 am on August 6, 2010 2489 days ago

      in Aug $270 calls @ $1.7, again hoping for a day trade

    • Nicu

      Nicu 1:35 pm on August 6, 2010 2489 days ago

      stopped @ $1.46, I think it’s not my thing, those day trades :(

    • Nicu

      Nicu 2:18 pm on August 6, 2010 2489 days ago

      in AAPL Aug $260 calls @ $4.2, using the last bit of buying power

    • Nicu

      Nicu 9:48 am on August 9, 2010 2486 days ago

      stopped @ $4.75 on half of the calls I got @ $4.2, still on the borderline with the margin calls :(

    • Nicu

      Nicu 10:54 am on August 9, 2010 2486 days ago

      in AAPL Aug $270 calls @ $1.3, hopefully a lucky day trade

    • Ahhnold

      Ahhnold 5:48 pm on August 9, 2010 2486 days ago

      Did you end up selling towards the end of the day Nicu? I’m avged down on Aug 270 calls at $1.90; almost sold before close. Not sure what will happen tomorrow with the Fed Reserve policy meeting thing.

    • Nicu

      Nicu 6:12 pm on August 9, 2010 2486 days ago

      nope, I wanted about $1.7 as I did not get many of those and there are some fees … I took the risk to hold them overnight

      FED is at 14:15
      http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm

    • Nicu

      Nicu 9:41 am on August 10, 2010 2485 days ago

      more $270 @ $1 (doubled the small position)

    • Nicu

      Nicu 1:35 pm on August 10, 2010 2485 days ago

      felt forced (buying power) to cover the $300 Jan 12 put @ $69.2 (shorted @ $70.4)

      I have made several mistakes with this damn thing :
      – I did not anticipate correctly how much it will erode my buying power
      – I did not set a trailing stop when AAPL was at $279
      – I started cashing things that were not fully mature (shares and options) to cover for this shit

      NEVER AGAIN ! (I hope some will learn from my rage and avoid this error)

    • Nicu

      Nicu 1:40 pm on August 10, 2010 2485 days ago

      doubled again the position on Aug $270 calls @ $.75

    • Nicu

      Nicu 2:12 pm on August 10, 2010 2485 days ago

      in Aug $260 calls @ $3.6

      trying to swing them to limit damages :(

    • Nicu

      Nicu 3:01 pm on August 10, 2010 2485 days ago

      in AAPL @ $260, just taking advantage of my new freedom (buying power) :)

    • Nicu

      Nicu 9:32 am on August 11, 2010 2484 days ago

      more Aug $260 calls @ $2, this thing is killing me :(

      • caruso2323

        caruso2323 12:37 pm on August 12, 2010 2483 days ago

        @nicu
        Since you are heavily playing with options , why don’t you subscribe to the paying real-time Maximum Pain ? Not sure how much they charge though …
        The old data suggest : 250
        http://www.optionpain.com/OptionPain/Option-Pain.php

        Do you think the MM’s will pin it to 250 ?

    • Ahhnold

      Ahhnold 10:06 am on August 11, 2010 2484 days ago

      I feel your pain nici. I’m avg on aug 270′s at around $1.36 and I really thought we’d be ok today with the late afternoon spike yesterday. These last couple months have been horrible

    • Nicu

      Nicu 10:32 am on August 11, 2010 2484 days ago

      last block of Aug $270 calls @ $.34, average $.61, excluding fees

    • Nicu

      Nicu 11:14 am on August 11, 2010 2484 days ago

      more Aug $260 calls @ $1.51

    • Nicu

      Nicu 12:43 pm on August 11, 2010 2484 days ago

      in AAPL @ $250.13

    • conshmillo

      conshmillo 12:58 pm on August 11, 2010 2484 days ago

      nolav is the only one who sold day after earnings. I was at the computer in the morning after earnings, but it took too long to start up at 6:30AM and by the time I got there, it was already even. So I said to myself, I’ll wait a little bit. It never recovered.

      As a defense I bought couple of days ago DIA SEP puts. Those are partially offsetting my AAPL loses. It is tempting to buy more long Apples today, but I don’t believe this will get much better before Friday reports are over.

    • Nicu

      Nicu 11:42 am on August 12, 2010 2483 days ago

      stopped out of some $260 calls @ $1.41

      other trailing stops set :(

    • Nicu

      Nicu 12:54 pm on August 12, 2010 2483 days ago

      it may be $250 or $260; you may simply look at the open interest in the options chains (both calls and puts) and you easily guess the approximative max pain

      anyway, as I said earlier, I’ll try to get safely out of those calls and stay away from the short term from now on :)

      how is that you don’t have any long term calls ? you are so bullish on AAPL and you may set say 5% of your portfolio and buy out of the money Jan ’12 calls and if AAPL gets to $400 in 17 months, you probably win as much as 50% of your portfolio

      example : Jan ’12 $280 calls are about $35 now so if AAPL gets to $400 even on the expiry day (few days before earnings, mind you), you my sell them for $120 ($400 – strike $280)
      just an example, you do not put too much $ in it, no swings, no timing … just a bet on your long term bullishness :)

      I have Jan ’12 $230 calls I got about 7 months ago; I also have Jan ’11 $250, $260 and $280 calls :)

    • Nicu

      Nicu 1:51 pm on August 12, 2010 2483 days ago

      stopped again on Aug $260 calls @ $1.28

      Still have about 2/3 of those, for which I consider waiting a bit longer

    • Nicu

      Nicu 1:57 pm on August 12, 2010 2483 days ago

      stopped on all my Aug $270 calls @ $.22 – as I said earlier, failed day trade, not much money involved but obviously I’m not glad about it :(

    • Nicu

      Nicu 9:59 am on August 13, 2010 2482 days ago

      in again Aug $260 calls @ $.98

    • Nicu

      Nicu 11:07 am on August 13, 2010 2482 days ago

      even more @ $.75

    • Nicu

      Nicu 3:58 pm on August 13, 2010 2482 days ago

      last block of Aug $260 calls @ $.53

      • conshmillo

        conshmillo 4:13 pm on August 13, 2010 2482 days ago

        @nicu
        I am expecting little run to 255 by the middle of the next week. That would be about 40% retracement from most recent support of 246.69. If it does, I will most probably take it as we are in the MACD bearish territory and this down trend may resume.

    • Nicu

      Nicu 6:24 pm on August 13, 2010 2482 days ago

      I will start selling those calls lightly around $1.5-$2, a bit more in the $3-$4 range and if they get to $4, I’ll put trailing stops on all of them – my average is still too high (did not compute it yet) to hope for a profit but I’ll try to limit the damage

      Have a nice week-end all :)

    • Nicu

      Nicu 2:12 pm on August 16, 2010 2479 days ago

      another small block of Aug $260 calls @ $.24

    • Nicu

      Nicu 3:31 pm on August 16, 2010 2479 days ago

      improved Jan ’11 $280 calls to $270 calls for $3.3

    • Nicu

      Nicu 9:51 am on August 19, 2010 2476 days ago

      i feel like an alcoholic, I got more $260 calls @ $.1

    • caruso2323

      caruso2323 10:21 am on August 19, 2010 2476 days ago

      nicu ! …

      I don’t get it !… Do you expect that AAPL will rise to $260 by tomorrow ? … AAPL seems to be pinned for $250 till Tomorrow as options expire with max pain at 250

    • Nicu

      Nicu 10:34 am on August 19, 2010 2476 days ago

      not really, I hoped in good numbers at 10am or AAPL to disconnect a bit from NASDAQ, none happened :(

      it is enough for AAPL to go higher 2-3$ today to double that; it’s a very small position compared to what I lost in this play so some unexpected pop may help recover a bit from the rest …

    • caruso2323

      caruso2323 4:14 pm on August 19, 2010 2476 days ago

      I am better to profess this to others than to myself : The best thing to do after taking some losses is to STOP … The more we try to recuperate losses and the greater risks we tend to take.

      2009 was a picnic compared to 2010 which sounds like a “war of attrition”, it is as if the dark forces wants to wear us off … I think the best one can do is to preserve capital at this stage, and manage risk at reasonable levels…

      I just hope that from here on time is on our side… Each passing day raises the probability of good numbers to bring back AAPL to decent levels : ABOVE 265 ! …

      • Nicu

        Nicu 5:50 pm on August 19, 2010 2476 days ago

        @caruso2323
        you are perfectly right; those last buys represented at most 1% of the entire play (in $) with the hope to recover 2-5% … so the mistake is that I did not set an upper bound for how much to get into that BEFORE earnings, somehow I was too sure that earnings are great (were good, but I would not say great, only $.18 more than the previous quarter which did not have the iPad) and that there is no way it can stay under $260 for a full month

        so I was the frog in the boiling water, never alert enough to jump out, OUCH !

    • Nicu

      Nicu 12:42 pm on August 24, 2010 2471 days ago

      more VIX Oct 19 puts @ $.05, average $.175

    • Nicu

      Nicu 9:54 am on September 1, 2010 2463 days ago

      in a bit more of VIX Oct 21 puts @ $.15 – I would like to average down once more @ $.10

    • mikeinmontreal

      mikeinmontreal 5:05 pm on September 8, 2010 2456 days ago

      Dumped my Jan 11 260s, some Jan 11 270s and 280s after having averaged down last week and in mid-August….small profit, but at least I have a good amount of cash on hand. I have Jan 11 250s, 270s and 280s left, and some Jan 12 240s and 250s…waiting for job numbers tomorrow and see what the pin is on Friday. Still 6 weeks to earnings, which I think will be blockbuster, but 6 weeks in this market is a helluva long time….Looking to average down on my Jan 11 calls before earnings, some Apr 11 calls and some Jan 12 calls….GLTA

    • Nicu

      Nicu 2:30 pm on September 13, 2010 2451 days ago

      exchanged Jan ’12 $230 calls to $240 calls for $6.1 credit

    • Nicu

      Nicu 3:16 pm on October 8, 2010 2426 days ago

      out of the Oct. 21 VIX puts @ $.6 (those that I bought @ $.15)

      I could sell everything now for a small profit on 21 puts and a small loss on 19 puts, but I waited for too long to give up like that :)

      next limit sell @ $1 for those I got @ $.25

    • Nicu

      Nicu 3:25 pm on October 8, 2010 2426 days ago

      extra comments on VIX options experience : they were a great deal in May when VIX was approaching 15 and options were new and priced with the stupid Black-Scholes formula (that is, IV about 40-60 for calls, for example, you could get Oct. 19 calls for $2, and sell them in July for $15) … now you cannot find VIX calls with IV less than 100, most interesting ones are at about 150 (notice that to define IV, we need the BS formula)

      on the other side, they are european style options, meaning you cannot action them before expiration, which makes most puts trade at lower than the strike-VIX, situation in which the BS formula is not even defined, that is, there is no IV, the theory says this should not happen, still, I watch this state of things for more than one month

      to conclude, I should have had the balls to buy those calls when I had the idea, before everybody got smart about VIX calls that can surge (+300% in one day) any time there is a stupid rumor about Spain going broke or something – we had plenty of those during the last months

    • Nicu

      Nicu 2:42 pm on October 12, 2010 2422 days ago

      out of Oct VIX 19 puts @ $.2 (those I got at $.05 – more to go)
      out of Oct VIX 21 puts @ $1 (those I got at $.25 – more to go)

  • 1
    conshmillo

    conshmillo 12:45 pm on June 4, 2010 - 2552 days ago

    Anyone who messes with Rhinoceros 3D software can now view Rhino 3DM files on their iPad, iPhone, and iPod touch. http://www.irhino3d.com/index.htm

     
    • nolavabo

      nolavabo 4:11 pm on June 4, 2010 2552 days ago

      BUG REPORT – Replay button should say Reply instead

  • 1
    conshmillo

    conshmillo 10:47 pm on June 3, 2010 - 2553 days ago

    Do I really want Google to be my Big Brother and have all of my files stored with them? Isn’t that what centralized system is about? You know, communist system? Google already knows everything about you. Do I need them to own me completely? I like to have my stuff on my local computers, and what I want to access from outside I just save out there in the cloud. But do I want to be owned by Google? Wake up folks, Google isn’t the company you cheered for and helped spread 10 years ago. It is advertising behemoth that collects data about you and sell it in one form or other to advertisers. They literally know I wrote this few minutes after I clicked submit button. btw. Oracle came out with the same concept Google is trying many years back. It was called “Raw Iron”. It never took off.

    http://gizmodo.com/5552953/why-arent-i-the-center-of-the-apple-universe?skyline=true&s=i

     
    • GotWake

      GotWake 9:46 am on June 4, 2010 2552 days ago

      What?!?! You don’t think Google “accidentally” gather data on us? LOL

      Without a doubt, Google has turned into an evil company. I don’t use their email, because I really don’t want them data mining my private messages.

      By the way, this board looks great!

  •  
  • 1
    conshmillo

    conshmillo 3:06 pm on June 2, 2010 - 2554 days ago

    It seems after defying markets for a week, AAPL is tanking today. Dow is up 160 points and AAPL is barely staying in green. I wonder if it is because of the ATT announcement. Unlimited data plans under new ATT plans are gone. They added tethering but at additional cost of $20/month. New Data Pro plans are capped to 2gigs per month @25.00/month compared to previous unlimited data plans for 29.99. Each additional gig is extra $10/month. I think this is going to bite them. But then, where else will you go? Maybe there will be another carrier(s) announcement at WWDC, so we can have a little bit more competition. btw. I always thought they will have to do something like this. Years back I thought, text, sound and video will be three different categories, with each of them having their own price bracket. But then look at ATT, they can charge you extra 20 cents for messaging which is cheapest form of data. I think teens can spend a $1 in like 15 seconds!

     
    • mikeinmontreal

      mikeinmontreal 5:54 pm on June 3, 2010 2553 days ago

      In Canada, tethering is free with Fido and Rogers..but the carriers still suck…no sharing between devices…we’ll see what happens on Monday….

  • 4
    Nicu

    Nicu 4:56 am on June 2, 2010 - 2554 days ago

    I did some speculation about the new Ô£øTV on the Google board but as usual, some posts got deleted by those incompetent crooks … so here I go again.

    It should be something inexpensive that lets people get content that is not on iTunes store (not enough, Hollywood is too slow / stubborn – and people fell great about “freedom”, even if it gets them nothing sometimes).

    So what does Ô£ø have for that : iPhone OS, App Store, A4, new data center. So we could have a 10oz device (no screen, no battery) that has to be plugged into the wall socket and into the TV by a HDMI cable. Why not integrate it in the “charger”, as it is the case for Airport Express (less cables, no space taken on some flat surface) ? Controlled by the classic remote or any iPhone OS device. Apps from Netflix, Hulu & all the others could be used on the thing. And of course, games ! developers are already rewriting them for a different resolution, read iPad, why not full HD also ? Goodbye XBox, PS3, Wii …

    There is even better. As small and inexpensive, why not also integrate it in the gorgeous Ô£ø monitors ? They get wi-fi (and ethernet ?) and there is your digital TV / home theater (24″, 27″, 30″), video chat with grandpa’, games … at no extra cost than the monitor that you may already buy for some reason.

    I don’t think web on TV (with Flash support LOL) is the way to go, we’ll let Google try to convince people to search on their TV !

     
    • admin

      admin 1:24 pm on June 2, 2010 2554 days ago

      I think I read about device like that on some Apple site. Small, size of the iPhone, portable. Maybe with Apple remote control and videoplayer will become the same device :-) btw. I don’t think $4 video rentals through iTunes is good business model.

      • Nicu

        Nicu 1:31 pm on June 2, 2010 2554 days ago

        @admin
        Hi Consch, I received a mail related to your answer in my thread but it contains too much data about you for my taste : your IP for example. Maybe you could erase this data. Is there a way to opt out of receiving emails related to posts ?

        • admin

          admin 2:12 pm on June 2, 2010 2554 days ago

          @nicu
          for now I turned notification off. I will make it optional when I turn it back on. Will remove all the info except for text of reply and link to reply comment.

    • mikeinmontreal

      mikeinmontreal 6:11 pm on June 3, 2010 2553 days ago

      Would like to have Safari and bluetooth for wireless/keyboard mouse….and if it could work with EyeTV and have a USB port for more storage…long wish list, but for now, we’ll know when we know….

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