AAPL calls

I filled out my AAPL $800 2015 call position; my average buy price is $70.99/share.  Again, the volatility on these out-of-the money calls is dizzying.  Daily price movements are somewhat mitigated because the strike date is so far in the future, but it's still a roller-coaster ride.

I think using an investing strategy which fits your personality and habits is an important factor in staying profitable and solvent.  In this case, that means a combination of being able to see volatility without overreacting and panic-selling, and also not under-reacting and being willfully blind to a risky position.  I definitely experienced both of those during the 2008/9 crash.

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.

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.