Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
Long Apple: The perils of selling covered calls – Maria Fernbach had 17,500 shares of Apple, 99% of her IRA. She told her broker she didnt want to risk losing any of them. From Andrew Welschs Retiree Wins $800K Arbitration Award Over Apple Options Strategy posted Friday by Barrons: The [brokers] representatives allegedly assured her that a proposed laddered …
