I have been in and out of AAPL for about a year. I recently purchased 10 shares at 525 and immediately sold a put to get 10 more at 500 which lowered my cost basis to 515. I'm glad I did. AAPL appears to be breaking out even before the China Mobil announcement which will bring some 700 million more customers and another bump in share price. Then there's the holiday sales which played into my buy decision.
This is an amazing deal at a time when the market is at all time highs and even fair deals are getting difficult to find. STRONG BUY.
Other recent action-purchased 100 CAT@84, immediately sold covered call @86, CAT lowered guidance, sold at 84.20, collected premium on call. Sold put on DE@82.50.
Happy Thanksgiving to all!
About Me
- jc
- Interested in saving and investing for financial freedom. Mid to late career IT worker with 20+ years in the state retirement system seeking alternate income through dividend growth investments. Final goal is to pass it down to my children and that they do the same for their children-a continuing generational wealth transfer.
