How Patrick and I managed to get free iPhones!

New stylePatrick and I gambled that Apple’s stock would rise based on the iPhones success. I had this theory that, if the iPhones would not disappoint, Apple shares would go to $180 a share.

Based on my theory Patrick suggested we invest €250 in options.I thought this would be fun and we ended up buying them when APPL was trading at $122. Our options were worth about $2 at the time and it meant that they would have to go up to $5.60 to earn us free iPhones.

Yesterday we sold our options at $6.40 when the stock reached $158. Today it went as high as $159.99 and I wouldn’t be surprised if we reach $180 before the end of the year.

For now our little adventure is over I am the proud owner of a free iPhone. I think I’ll spent the remaining profit on beer and pizza for the office. Oh, and I will invite Johan Schaap too because I promised to buy him dinner if my prediction would come true.

6 Comments

  1. Woah… Free iPhone… How about that : I have a free “part of my House”, a nice Chunk of it was paid with AAPL, bought some (more than 250 EUR) back in 2003, when it was less than 20 usd a Share ;) And of course in the meantime there was a split ;) Enjoy your iPhone, so do I, like my Mac Pro, MacBook, …

  2. Maarre, 1.0.2 of 1.1.1?

  3. 1. Ik dacht dat je je iPhone haatte en 2. had je ‘m al 1.0.2 gekocht?

  4. @Tom: nee dat is een misverstand hoor! Ik ben dol op de iPhone maar ben gehecht aan mijn Blackberry voor de mail. Dus gebruik ik beiden nu…

    En ik had hem 1.0.2 gekocht inderdaad.

  5. Congrats on the free iphones! I plan on getting it for free too. :D

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