I think that Apple has one good run left in it before Christmas. After that, I plan to write covered calls by selling out-of-the-money calls into the Spring. If the stock gets exercised, then so be it - I will have made what could be a double. If the calls expire worthless, then I pocket the premium. I think AAPL has another good year ahead of itself, but will suffer from the traditional sector rotation that comes after Christmas.Instead of suffering through a 3-month flat period, I will be spending the premium.
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