Apple Monkey Play

For those of you still in Apple, here is the good news below. 

Did I leave about $15,000 on the table here last week?  Maybe, but if you don’t have time to watch your option plays, get out which is I Am An Investors first rule of Options.  Break it at your own risk. 

So no, I walked away with a 380% return and am happy with it. But, the Monkey Play for a 79% return where we sold the covered Calls sure looks like it has a good possibility of that playing out as planned.

And nope I did not get back in…no time and all.   I will have some other plays for you soon.  This is getting a bit rich for me.

APPLE INC

(Nasdaq: AAPL)

After Hours: 175.20 Up 0.15 (0.09%) as of 7:14PM ET on 04/29/08

Last Trade: 175.05
Trade Time: 4:00PM ET
Change: Up 2.81 (1.63%)
Prev Close: 172.24
Open: 171.11
Bid: 175.10 x 100
Ask: 175.20 x 900
Day’s Range: 170.25 - 175.66
52wk Range: 98.55 - 202.96
Volume: 32,974,543
Avg Vol (3m): 41,115,800
Market Cap: 154.29B
P/E (ttm): 36.10
EPS (ttm): 4.85

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