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Old 02-24-2015, 07:58 AM
 
3,978 posts, read 4,577,283 times
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Quote:
Originally Posted by Lowexpectations View Post
It's down less than 1%. Is that dropping like a rock?
When you're an option trader, yeah!!!!
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Old 02-24-2015, 08:31 AM
 
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Quote:
Originally Posted by Quaker15 View Post
When you're an option trader, yeah!!!!
Its down 0.3%. Get over it.
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Old 02-24-2015, 08:40 AM
 
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I have a feeling that the majority of people here don't understand option trading.
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Old 02-24-2015, 09:04 AM
 
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Quote:
Originally Posted by Quaker15 View Post
I have a feeling that the majority of people here don't understand option trading.
And you do? You had a city-data options course taught to you in the USO/UCO thread in December.
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Old 02-24-2015, 09:05 AM
 
5,342 posts, read 6,167,667 times
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Quote:
Originally Posted by Quaker15 View Post
I have a feeling that the majority of people here don't understand option trading.
Or they set up puts or calls that aren't within .5% of the current price. Unless you are leveraged an insane amount that movement can't make you any significant cash and likely didn't even cover the cost of the put. Plus it's up now.

Here show me which Put made you a lot of money on a .3% drop in Apple's price.

http://www.nasdaq.com/symbol/aapl/option-chain?

A Feb. 27th 131 strike price cost you $1.69, which means Apple shares need to trade down to $129.31 for you to even break even and they just get more and more expensive the further you move out.
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Old 02-24-2015, 09:11 AM
 
26,191 posts, read 21,587,222 times
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Quote:
Originally Posted by Quaker15 View Post
When you're an option trader, yeah!!!!
Quote:
Originally Posted by Quaker15 View Post
I have a feeling that the majority of people here don't understand option trading.


That would include yourself ironically enough. I understand options trading just fine and aapl didn't drop like a rock today and now is up 0.3%
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Old 02-24-2015, 09:16 AM
 
24,407 posts, read 26,956,157 times
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Quote:
Originally Posted by Lowexpectations View Post
That would include yourself ironically enough. I understand options trading just fine and aapl didn't drop like a rock today and now is up 0.3%
Quote:
Originally Posted by aus1ander View Post
And you do? You had a city-data options course taught to you in the USO/UCO thread in December.

I'm actually laughing right now
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Old 02-24-2015, 09:24 AM
 
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Originally Posted by bmw335xi View Post
I'm actually laughing right now

You're welcome!
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Old 02-25-2015, 07:39 PM
 
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Is there anyway to find out when and how much a company pays for buyback? For example, if Apple decided to buy back $1 million worth of stock today, where can I find that information?
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Old 02-25-2015, 08:09 PM
 
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At the very least they should report buyback dollars spent and you can find shares outstanding at quarters end and get an approx avg price that way
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