Jeff 9:55 am on Monday, May 16, 2016
Tags: AfterHours ( 10 ), CoveredCalls ( 2,200 ), StockTrades ( 19 )

AAPL roll out

#StockTrades #AfterHours #CoveredCalls
STC $AAPL stock for 93.50. Bought for 99.00 after hours on earnings day. Played for a bounce but instead got a crater. This is half my position, rolling into an options strangle. Will sell put on down day, but for today…
STO $AAPL July 15th 95 call for 2.85. For the moment, this is covered because I have the other half of my stock. I anticipate this will be before their earnings date.

fuzzballl 10:03 am on Monday, May 16, 2016

No wonder The Oracle wants this thing higher!

Warren Buffett’s investment vehicle Berkshire Hathaway Inc.’s(BRK/A) new investment in Apple Inc.(AAPL) could be worth about $181.2 million less than it was 6 1/2 weeks ago, at the end of the first quarter. Berkshire’s 13F filing showed that it owned a new 9,811,747 stake in Apple(AAPL) as of March 31, when the stock closed at $108.99, or 20% above Friday’s closing price of $90.52. The filing did not disclose at what prices the shares were bought. The volume-weighted average price of Apple’s(AAPL) stock during the quarter was $99.59. At that price, if its position in Apple(AAPL) was unchanged, Berkshire could have lost about $89 million on its Apple(AAPL) stake through Friday.