Thursday, April 26, 2012

Bought put on CRM

Bought a $150 strike put on CRM, expiring January 2013. Purchase price was $18.90 per share.

Friday, April 20, 2012

Bought AAPL call

I should just make a template for this. I bought a $570 strike 2014 AAPL call for $113.10 per share. The stock has dipped sharply ahead of earnings Tuesday. I've read a lot of negative sentiment about Apple lately, but no actual news. I bought because I believe the sentiment is dropping the price, rather than a change in prospects. It's psychologically attractive for a pundit to predict a disaster. However, the size of the position within my portfolio is making me uncomfortable. More profits aren't worth a good night's sleep. Proof either way will come Tuesday.

Monday, April 16, 2012

AAPL call

Bought another AAPL call; $590 strike, 2014 expiration, $113.90 per share. Is there a twelve-step program somewhere I can join?