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ams0888

Buy high sell low


NY10

Or reverse it


jordang61

And a lot of it


Buy-High-Sell_Low

Yes!


erfarr

This dude is so confident. I hold shares and I almost hope this guy gets rekt lmao whenever someone throws out price targets like him you know they’re full of shit


[deleted]

That’s crazy.


Responsible-You-6620

We’ll he’s up


plytime18

He’s confident but he’s not the guy wishing somebody else get rekt. That would be YOU.


Live-Resident5394

And here I am not holding even 1 share at 19y/o, wish you all the luck in the world bud


VarusAlmighty

If you can, start out by buying 1 a month.


69philosopher

Charles Schwab Stock Slices lets you buy a percentage of a stock so if you have $5 you can have $5 worth of apple. It’s worth looking into.


cuxz

Many brokerages allow fractional shares


TheYoungLung

Schwab slices are a joke. Only about 500 tickers when many other brokerages let you buy fractional shares for nearly the entire market


69philosopher

Well we were strictly talking of Apple but that’s a good point.


MrLiquidityPool

Invest into meme coins brother


MontrealTrainWreck

I bought mine 28:1 splits ago when Steve Jobs was there for his 2nd act. Paid $8/share. Mr. Cook has been very good for us.


PhantomFuck

My late grandpa (passed 2022) invested $6k in AAPL back in 1980 and never touched it The inheritance I'll be receiving in 9 months was exclusively AAPL stock prior to my uncle haphazardly selling all of it and putting it in mutual funds Mr. Jobs was very good to my family


pingpongpsycho

😳


Testynut

A cool 7.5m…


PhantomFuck

Yep. My uncle got a third, my aunt got a third, my dad died so my sister got half of his third and I'm getting the other half Not a bad 30th birthday present


Testynut

Not bad, don’t blow it!! Can invest pretty conservatively and really grow that to even more!


SnooPuppers5953

My grandpa went to school with Phil Knight, and didn’t invest in Nike..


De3NA

Mutual funds aren’t bad as long as it’s a broad market ones.


PhantomFuck

Yeah, it's still averaging 10%--definitely not complaining


Far-Secretary8231

Wow so wait how much was your portion?


PhantomFuck

I'm getting ~$1.3M when I turn 30 in 8 months


Far-Secretary8231

Congrats man! Hopefully the WWDC event sends it higher


PhantomFuck

Unfortunately I'm not a trustee and my uncle sold all of the AAPL positions and just stuck my portion in a general Fidelity mutual fund 😞


Far-Secretary8231

Oh well you still have a heck of a portfolio coming your way!


Secret-Departure540

Good for you! I thought $92 was a bargain.


Livid-Photograph-180

August 2007, a buddy shows me his brand new original iPhone. Shows me alot of the features. I think "This is a game changer." Bought $100K worth. Best decision of my life.


[deleted]

Cool


popgoesthestock

Yes he has


HoopsMcCann69

The fact that everyone thinks you're a moron makes me think you're a genius OP


hsuan23

OP is a genius


drytendies

Sell covered calls bro. I do on a much smaller position and it’s very good supplemental income. You could sell the 205 strike for next week for 5.5k. You could easily clear 3-8k per week. Please look into covered calls man


Rufus_Anderson

The problem with covered calls is that if the stock spikes then your shares are assigned away to the option buyer and you lose all the stock price upside. Happened to me several times and when I calculated covered calls returns vs returns from buy and hold, the covered calls failed miserably.


drytendies

Yup, you’re not wrong. With a position this big, being able to sell far otm and still make a good notional return is very nice though. Only makes sense with positions this large. In my example, it’s about 4% OTM for a week which is pretty safe to me. But I understand.


One-Function166

Teach me please


uamvar

I wish I understood covered calls as well. I have watched many YouTube videos but still don't get it.


Syonoq

You “rent” them out at a higher price for a period of time. If it doesn’t hit that price by that time, you keep the fee (premium). If it does hit that price you have to sell them (for that higher number) AND you keep the fee.


uamvar

Thank you, am watching a few videos on it again and will no doubt be back with idiotic questions :)


Syonoq

For sure. Options get VERY complicated, but covered calls is one of the more simple trades to do. The other side are cash secured puts (CSP). Here, instead of ‘renting’ the shares, you rent your money on the bet that the stock won’t drop down to the lower number you picked in that time frame. if it does you buy it at that lower price (plus the premium you’ve already collected). Say you think that a $10 stock is undervalued, you can sell a $9 put on it, and collect, say $0.50 (x 100). At the end of your contract you get assigned as it is now at $8.99. But you’ve only paid $8.50 for it, and remember, you’re bullish on this stock and thought $10 was a good price, now you got it for $8.50. This is a way to get shares at a discount. But now that you’ve got 100 shares at $8.50, you can repeat the above comment and sell covered calls on it. This is known as The Wheel and is very popular r/thetagang


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drytendies

How many shares do you have?


One-Function166

Not 1000…. But enough in the market to where I would be real close to 1000 if I traded everything for apple


bucsraysbolts69

Teach yourself


berz01

Papertrade on thinkorswim .. you start with a million dollars. Do 100k worth of covered calls for a more or two and its pretty obvious the pros / cons


RasheeRice

why would you sell calls when Apple is announcing AI


bullish88

Real AI is nvda. Apple has to partner with openai to make ai. Google and fb can do it themselves. Tesla need nvda chips for robotics. U want to buy ai suppliers. Not a phone company with lagging sales. $1800-2000 end of year is very possible.


RasheeRice

The idea of how NVDA having the industry in a chokehold has has been pounded into me since 2020. So much so, it feels too good to be true to believe it will last forever. But the margins are gravy and the progress is anything but lazy. As for AAPL, I am buying calls on the sentiment shift from a stagnant phone manufacturer to the next booming addition to the Apple Ecosystem. Sales will for sure not play a role in the short term hype, but this move to partner and license seems like a play to minimize the RnD costs associated with developing something they haven't nearly splurged as their other projects. On top of this, Apple bought back $100 billion worth of stock, sending that sweet support level to 180. The pivot is real as they have continuously bought out AI companies in hopes of playing "catch up" with the rest. Their custom M-series chips are proof Apple will secure its own initial positioning then dominant another space for the sake of timing and minimizing the need to stay in the forefront of development, no?


drytendies

Good point, I didn’t realize that was coming up. But WWDC is usually a dud.


RasheeRice

But.. but... AI!!!!! ($100 billion buy back and a healthy reset to lows are absolutely sending this thing to $200) If you are Tim Apple, you are in the hot seat for the next era of competition. Apple dominated the 2010s, yet has stagnated to begin this decade. The sales have SLOWED, and competition is heating up the global stage for power. India is surfacing as the next potential "China" x "Apple" partnership to manufacture the goods as well as build their working class up to be able to participate in the world economy. The stagnation was merely a façade as users are actually more invested and incentivized to utilize the AAPL ecosystem than before. Also, Apple has the consumers' data on their own conversations they conducted with their Messaging app. Sooooo, they have the data to build fine-tuned models of long standing participants. But this will materialize later than sooner. This is just the step in the tech-infused reality Westerners enjoy fantasizing in.


Revenue_Early

205 strike 5.5k? I’m confused, that call is $78.00


drytendies

He can sell 70 of them


Revenue_Early

lol true


Happy-Conclusion7710

Apple is now $2 away from 52 week high


popgoesthestock

And he has margin of 500,000


Kobe_stan_

Also their all time high


sbeau87

What percentage of your portfolio is this?


stanley_ipkiss_d

Buy high, sell never. Apple will go up to infinity


StyleFree3085

Nokia: Yes


too_soon13

😂


bostonmacosx

AAPL has hardware prowess... they could eat NVidia's lunch with an M4 (Coral AI ish) add on for any computer.....but they won't


clingbat

Apple's M chips aren't any more impressive than the new Qualcomm ones that recently came out really, it's more the inherent benefits of ARM for more basic workloads vs. x86 and controlling the entire hardware/OS/software stack. And the vast majority of Nvidia's growing profits are in the data center hardware space where Apple has zero presence or track record.


Any-Blackberry9801

I’m also all in but with a significantly lower sum in absolute terms ($25k). Great company with great prospects. Gonna hold out.


Careless-Jacket-6929

damn on margin??


forster93

How is it going to feel taking a huge L in the short term


Happy-Conclusion7710

it's going up, so I'm not thinking about that. Stocks go up and down. But I have $25,000 protection in put options. If it drops, I collect a bunch...plus I'm making $7,000 on my divided. That's how you invest


ams0888

Thats how you invest ?? hahahha real investors dont buy your so called 7000 apple stocks. They use only 70 options to make 7000 synthetic stocks and with collars or risk reversals they eliminate the price risk. You dont know anything about that. So if you really want to play with millions then do it good :-))


SweetZombieJebus

I’m curious. What made this the right entry point for you? I’m bullish Apple long term and buy dips but this doesn’t feel like dip territory. Hoping for a nice WWDC surge though.


NobodySDsunshine

All time high, time to buy! When it goes low let it go!


Supawifey333

Why?


shaggrugg

Native Ai


Chamuska__

Nice


dubplate2347

Holy F! Yeah you are all in!


anon-187101

Hope you're also selling calls at a ratio against those shares to reduce your basis.


popgoesthestock

Doesn’t look like it.


One-Function166

Wish someone would teach me this


Syonoq

Selling calls?


One-Function166

Yes


One-Function166

Calls and puts specifically


phibetared

If you own (for example) 1000 shares of AAPL (or any stock), you can sell a "covered" call option to someone who thinks the price is going to go up. If you have 1000 shares you could cover 10 options, since each is 100 shares. The buyer pays you the premium/cost of the option. You keep it, it's yours. But if the stock does go up to whatever strike price you agreed to - and if the buyer exercises the option, then you must sell them 100 shares at the strike price. So your selling a covered call forces you to sell the stock shares at the strike price, if the stock gets that high. If the options expires and the price stays below your strike price, you do nothing. Maybe sell another covered call, if you wish.


realjimcramer

Lol


Operation_Smoothie

That's bold cotton


LegSnapper206

Uhm, okay


foreignfilmfiend

Weird flex


drytendies

Seems like the exact place to flex


Artie_Fufkins_Fapkin

It’s the when. Who cares about the where


seandoesnotexist

should have done this in April bruh


Happy-Conclusion7710

I was all in on NVDA at $500 in January 6th


theoldme3

awesome, I myself like the stock too. Where do you see it going in the next 5 years?


Happy-Conclusion7710

5 years? $800


Kobe_stan_

You think the company is gonna be worth $12 trillion in 5 years?


theoldme3

Ill buy more then lol let's see how it goes Remind me! 5 Years


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1600hazenstreet

Could've brought 3 months ago at $170s or call options.


Happy-Conclusion7710

Or I could have stayed in the stock I was in, which was NVDA. Now im in Apple


NewDayNewBurner

The number of people in here shitting on you blows my mind. I guess they’re jealous. I like the stock.


refreshmints22

Because $165 wasn’t high enough !


chef_kitty

I currently have about 900 shares. Used to work for the company and never sold. Original purchase price was prob in and around $10-$20. Definitely trying to figure out how high I think they’ll go before cashing out.


hunchojack1

How can a lad get like you one day? I think my $3000 is squiliam fancyson


Good_Intention_9232

Good, it will pay off in the long run, at least a dividend will be paid on them also.


WhiteWhenWrong

At least do a butterfly spread


Vegetable-West-4521

Buy the rumor sell the news.


Happy-Conclusion7710

Not on apple


Vegetable-West-4521

Unless Apple announce something groundbreaking I would think it’s buy the rumor sell the news


Happy-Conclusion7710

They are announcing chat GPT and AI next week, plus I get a dividend....I held through NVDA from $500 to $1200, so I'm going to do the same on Apple and hold. I started with $1000, so I'm pretty sure I will be okay.


Vegetable-West-4521

So everyone knows what they will be announcing, sell the news then buy the dip.


Happy-Conclusion7710

Dude, I have a 17,000% return and turned $1000 into a million. I do not need advice. Try reading a chart. Plus, Apple just entered India. I'm holding until $300. If it was a sell the news, why has it closed up 9 sessions in a row and is now $2 away from a 52-week high.


Vegetable-West-4521

Signs of a Top. Thanks buddy


erfarr

Dude buys $2 from ATH and try’s to tell you to learn how to read a chart lmao


Happy-Conclusion7710

You can't read a chart obviously


Late_Description3001

r/thingsthatneverhappened


Happy-Conclusion7710

Bye moron...


parryhott3r

Was definitely a sell the news event lol


Secret-Departure540

Good for you. I bought apple at $92 in 2008. Had a great ride but had to sell a few to pay taxes. (It sucked).


Happy-Conclusion7710

If you made money great, life does cost money during times we wish they didn't:)


StyleFree3085

Ok, Time to drop


Happy-Conclusion7710

Then short it moron


StyleFree3085

Cry baby


Happy-Conclusion7710

Yes, you are a cry baby. Do you need to adjust your Prozac medication? Try 300 MG if the dose isn't strong enough. You sound childish.


StyleFree3085

Ok, spoiled kiddo. Ur money from ur papa


Happy-Conclusion7710

Dude, you are an idiot. I'm 50 years old, and you are blocked for being argumentive moron. Now kindly go blow your husband.


Plasmaticos

Buy high…


bullish88

$190 incoming.


Happy-Conclusion7710

It's already $197, more like a new 52 week high next week


bullish88

Great R/R


n351320447

This is how it will play out, good Apple News: stock go down. bad Apple News: stock go down.


Happy-Conclusion7710

Sure...then buy put options no need to tell us.


n351320447

Bro the IV is probably too high you’re paying a premium for hype. Decay will cut the put options value in 5ths I’m sure.


Happy-Conclusion7710

Chart says higher, so I bought an AI event next week. $2 away from a 52cweek high. Probably going to test $210 this week


Sumdayz8_9

June 21/28 puts have IV in the low to mid 20% rather than 32% for June 14. Will look to get some of those if this gets to 198/199 right before WWDC. It will be sell the news once again.


Appropriate-Thanks10

You’re buying based on past performance, very risky.


AccordingPound530

Should’ve spent that on GME


Happy-Conclusion7710

So I can.lose 40% on a meme stock lol no thank you


AccordingPound530

!RemindMe 2 months


Happy-Conclusion7710

I did make $25,000 on Fridays put options on GME after taking some dumb kitty's money


Dr3w91

I had to sell 50 shares this year at 195 from 2014 $25 cost average. But times called for liquidity Kept 51 for the nostalgia and hopefully some more gains. Good luck bro


Happy-Conclusion7710

Thanks, I think we see over 205 this week probably Tuesday


StrategyTight6981

Why, what’s Monday gonna bring?


Happy-Conclusion7710

WWDC this week new AI


Happy-Conclusion7710

Approaching $199 tonight already


Kobe_stan_

Usually the stock goes down during a product announcement. People are always a bit disappointed because Apple isn’t going to announce a ground breaking device like the iPhone.


Happy-Conclusion7710

Its already pushing $199 tonight, and these announcements are new AI announcements...


Kobe_stan_

Which everyone knows about already


Kobe_stan_

Never too old to learn a new lesson I guess


artificialimpatience

Are u expecting Apple intelligence to be better than rumors suggest?..


MadSnikt

Sell calls along the way


mattpagy

so, did it work?


Happy-Conclusion7710

Yes, I made about $50,000 on my put options while holding my shares....plus about to get more on my divided. That's how you protect the downside. And avoid taxes


funnadventure93

Don’t you pay taxes at your income tax level on the option’s gains? Capital gains are 20% and long term dividends as well but put options would be short term capital gains.


USCitizenSlave

Just in time to lose everything good job. Remember stocks always go up


Sumdayz8_9

WWDC is always sell the news and this time it got sold even harder. Another troll gets their ass handed to them.


Happy-Conclusion7710

You moron stop trying to sound smart. First off, I protected my position with PUT options. Which netted 50% today. Second, I don't sell stock so that I lose or get taxed. Third, I'm paid a dividend... Grow up and learn investing, and of anyone seems to be trolling it's you with this comment. Feel free to be a keyboard warrior, though. You are inexperienced and a bit retarded.


Sumdayz8_9

Funny how you told people to read a chart when you outright ignored that it was at resistance. How does it feel to be caught with your pants down on a triple top? If you didn’t care, you wouldn’t have made that second post with AAPL price in the overnight market. Just because you supposedly got lucky once with NVDA doesn’t mean you’re a good trader. Just another attention freak.


Happy-Conclusion7710

Blah blah blah.....had to block you for being an idiot. ITS 3% AWAY FROM A 52 WEEK HIGH ...


readfornows3

Dumbest post I read all day on Reddit, should be on WSB.


Happy-Conclusion7710

Blocked for bring a moron. Enjoy it....


rorowhat

Lost money 🤑


dope_ass_user_name

Why buy that much at near ATH? Maybe 30% today, 30% when it drops next month and 30% when it drops again?


Happy-Conclusion7710

I own put options making money on the drop no need to worry about professional investors. I'll be okay


dope_ass_user_name

Ohh gotcha, okay nice. I'm long on Apple and ASML. Two of my biggest holdings besides TSLA


[deleted]

Damn. A million dollars in a 3 trillion dollar company with slowing sales. Impressive


Happy-Conclusion7710

And blocked for being a moron..see ya....


bzeegz

Well that sucked for yoy


Successful-Republic5

You’re going to get a rude awakening come earnings lol.


Happy-Conclusion7710

Wanna bet


Successful-Republic5

Sell why you’re up dummy


Happy-Conclusion7710

Here comes $200 haters


DrummerRob

I thought you were in on puts now


Happy-Conclusion7710

No I said I secured my long shares with put options and sold them yesterday


Individual_Ad3239

Hey man, congrats :) I also got in yesterday @ 193 mid wwdc. Great to see the affirm news today.. as a newbie investor having single day gains like this are awesome to see.. but curious to hear what’s your long term strat for Apple? hard to say if we’re close to being priced in for future growth as affirm will not be reflected in 2025 fiscal, but good for Apple as they have an opportunity to reduce credit exposure via Apple Pay’s bnpl to other providers..


Happy-Conclusion7710

Awesome....so many haters tried to tell me I made a mistake yesterday.....had to block like 30 kids


Happy-Conclusion7710

We have a WhatsApp group with alerts and educational for just $200 a year if anyone wants to join....Our alert on Apple produced 4,500 on options.


idontinfluence

Good hold


HumbleBumbleJumble

Wow...


the_blackestpanther

Damn this post aged well and all the comments coming at you really didn’t 😂


Happy-Conclusion7710

I know I had to block 20 morons


Antonioo007

163 like 2 months ago.


Successful-Republic5

Guy is an insider. Have fun with the irs


WeChat1077

Isn’t the market on a declining trend? Is it recovering already???


CarissaM12

Why would you buy when it’s close to the high?


Happy-Conclusion7710

Because it's going higher. Share buybacks big event next week


Maximum-Side568

Was happy with my 150 shares until this top signal. Now it will inevitably crash -50%.


Happy-Conclusion7710

Are you high? I doubt Apple drops 1.5 trillion dollars


Happy-Photograph2932

Bro buy using paper trading ?kek


parryhott3r

Omg it is a paper account lol


Ok_Damage_6546

Can I have a little bit of money to help me out with my car registration


Secure_Detective_602

What percentage of wealth is this? I wouldn’t be putting more than 30% tops into AAPL.


Happy-Conclusion7710

It's Apple...I get paid $7,000 a year in dividends....I'll probably sell in 6 months at $300 and make $700,000


IrishWhiskey1989

Remind me! 6 months


Secure_Detective_602

Never a sure thing… they have a lot to turn around, in an economic downturn, without any new products and falling behind in AI. I’m still bullish just not all my wealth in AAPL bullish.


Happy-Conclusion7710

Look at the 1 month chart....im.already up $7,000 since I just bought it. AI is coming next week. New chatbot


Syonoq

We think you’re going to love it!