Dip Buy in AAPL

This topic has 1 reply, 1 voice, and was last updated 11 years ago by Steven Place.

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December 2, 2014 at 9:34 am #2350

Steven Place
Keymaster

The stock is getting a little loose to the downside, and I’m comfortable with putting on some bull put spreads here as the main trend is still up.

Sell to open AAPL JAn 105/100 put spread at .80 HALF SIZE

ADD to the trade at 1.50

CLOSE the trade at 0.30 with intent to RESELL

January 16, 2015 at 2:13 pm #2351

Steven Place
Keymaster

Today is opex!

And AAPL is trading right above 105, no fun.

Buy back the Jan 105 put for .10 and let the 100 expire worthless.
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