Kevin Simpson

Earnings on Tuesday. There's strong demand for aerospace, and they boast a huge backlog.

He expects a boring report next with fantastic numbers, including EPS. The Red Hat integration is working.

The catalyst would be if they can deliver an oral weight-loss drug and he expects so. He agrees with today's upgrade.

He bought more around $359 to replace shares he called away. Rates are still high, so there is still a long-term recovery happening.

He wrote a covered call on half his position before the report. Sold to open the July 25th $1,245 strike for $57 or 130% annualized (1-week calls). Close this morning at the open for $12 and netted $45 profit. Loves it long term, hold forever.

He bought more Apple. Doesn't know what they will do with AI, but is certain they will do something. Maybe they buy Perplexity, which would be a fine way to interface with AI. He sold this at $247.50, and looks attractive at $200. He's been rebuying this at an average cost of $209, and collected option premiums and small dividend.

He sold the Aug.15 180 strike for $3.50 (20% annualized). Sold 25% of his position to rebalance to slightly overweight.