AAPL: Buying the Dips!

What next?

 

Options are "side bets" one makes on the future behavior of stocks or ETFs.
The shorter the time frame the harder it is to predict the outcome, and the better (luckier?) your timing has to be.

When you win, you feel good for having made some "easy money".
When you lose, you feel like crap.

 

BOT AAPL @ $537.77. Still in my 600/605 bear call spread.

 

Good purchase price on the shares.
When does the BC Spread expire?

 

Bear call is regular December expiry.

 

so will AAPL see 550 on Friday or 525?

{or other price level}

Hate to say it but don't think it's going much higher than 545 before Friday. Hope I am wrong

 

Sold an AAPL (Weekly) DEC4 515/510 Bull Put Spread today, with AAPL at 538.50.
Betting AAPL will stay above 515 through December 28th.
We'll see.

 

I think you are going to lose $12-15 in next 2 days

personally I hope it sees 550+

 

That should be a winner.

 

what did you get

$1 - or more?