Thursday, September 27, 2012

Bought AAPL calls (yes, again. shut up.)

Bought $800 strike 2015 AAPL calls for $85 per share.  Unfortunately, only half my order triggered at my limit price; eh, c'est la vie.

On another note, using these way-out-of-the-money calls has been a different experience from a psychological standpoint.  The volatility even on the long dated calls is stunning.

Tuesday, September 11, 2012

Bought AAPL calls

Bought AAPL 2014 $660 calls for $101.50 per share. Including the $800 strike calls I purchased earlier, my portfolio is now 5% invested in AAPL calls.  5% is the maximum principal I'm willing to risk on a single position (excepting big macro positions like an index).

Thursday, September 6, 2012

Bought TFSL calls

Bought April 2013 $10 strike calls on TFSL for $0.40.  If exercised, TFSL would be 4% of my portfolio.  This is a volatile special situation stock.