March 22, 2013


Apple / SPDR (AAPL/SPY)


We continue to hold our thesis for this trade but we want to take advantage of the move and sell some premium in our AAPL portion to take care of some theta decay.


SELL To OPEN 1 Apr-5 AAPL 500 Calls now trading at $0.77


AAPL is now trading at $459.14
This Calls are now trading at $0.77
The total Credit of this trade is $0.77

Day Order Only

Reply · Report Post