Hedging AAPL
Has anyone successfully hedged AAPL over the years and recovered the cost of the hedge? For some other stocks, I have been successful by buying LEAP Puts and recovering their cost by selling weekly puts against them. In most cases, the premiums are good enough to make it work. With AAPL, weekly premiums beyond the first couple of strikes are shyte, and the stock tends to make sudden $10-15 moves, which might get my LEAP Put called away.
Any other ideas?