Monday, October 22, 2007

Apple's Earnings

Today AAPL came out with 60% increase in earnings year over year, MSN said:

"Apple Inc.'s fiscal fourth-quarter profits jumped 67 percent to cap a year that saw unprecedented momentum

Apple's stock price, which has more than doubled since January, rose $3.94, or 2.3 percent, to close at $174.36. After the earnings report, shares climbed about $12, almost 7 percent, in extended trading"

174.36 +3.94 +2.31%
After Hours: 186.09 +11.73 / +6.73% Vol. 14.95 Mil

So the stock went up more then $10 after hrs as I had expected.

The question is what should I do now... that is the delima. Should I sell early in the morning?

Or let it keep going up? Will it keep going up? Should I buy some puts now?

I am holding Nov 185 Calls, I dont know what will happen in the morning.

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