LOTTO PLAYS COMMENTARY FOR AAPL

4/23/04 - Apple Computer beat estimates but did NOT guide higher, rather, they went conservative. The stock price was slammed 5% in after hours initially, and then climbed back to a slight loss below the close. Tomorrow is going to be interesting as investors digest and jockey for position. Looking into the future, this stock is loved and that carries a lot of HOPE on the backs of investors.

Apple says:

With this said, we could see some initial selling the rest of the week, but long term, this stock will continue to have upward momentum with interference from market forces. Yep, I think I pretty much conveyed...I do not know...lol...what direction this stock is heading.

For the short term, the calls, so far, do not look like they will make profits, so let's hope for some initial downside action so we can make some put money...yeah!...NOT! Lotto plays are gambles by nature and we MUST have a huge swing in price to make a buck. The only thing we have going for us on this trade is some time but I can pretty much assure this play is DOA. Hey, we only need ONE winner (see Google) and we are paid back and PAID BACK if you know what I mean. ;-)

4/21/08

Apple Computer is in the sweet spot with American investors for the moment and it looks like they will be there for some time. Steve Jobs has done miraculous things with the companies product lines, and based on what I have seen to date, there are even more exciting things coming. The iPhone has been selling like hotcakes, and their computers are gaining market share...just love the commercials.

Apple has been a winner every quarter for some time now and with all the positive news coming from competitors, you just have to believe they will beat estimates. Unfortunately, I do not see a huge upside surprise in the stock like we got with GOOGLE, so you just have to be happy with a potential mini home run with the option plays below.

As you can see in the chart below, Apple is on a pretty good run, so the option premiums will be packed with a lot of  juice. If they beat earnings by a mile, we could see the stock soar back to the all time highs. Of course, if they miss, it's going to be ugly.

A straddle play on these types of stocks is a must.

5/7/08

Gotta love this stock! It just keeps going higher and higher! The call options are $13.99 so if they drop to $12 take it; otherwise just hang on and see where things go from here.