AAPL earnings - I bought two 215 weekly calls at $2.49

Discussion in 'Options' started by OptionsOptionsOptions, Jul 29, 2019.

  1. Turveyd

    Turveyd

    50K profit, over night :)

    I guess you'd of seen $7+ at the highs but odds are down from here, so good call!!

    I was wrong thankfully :)
     
    #31     Jul 31, 2019
  2. Robert Morse

    Robert Morse Sponsor

    He said he bought two (2) calls. Or, did I read that wrong?
     
    #32     Jul 31, 2019
    OptionsOptionsOptions likes this.
  3. ironchef

    ironchef

    :thumbsup::thumbsup::thumbsup:

    Did you also go long GOOGL prior to earning?
     
    #33     Jul 31, 2019
  4. Turveyd

    Turveyd

    215 strike not qty, made 400 nothing to see here, move on.

    I reread lookng for qty doh!
     
    #34     Jul 31, 2019
  5. ironchef

    ironchef

    Hey, be nice, we are small mom and pop amateur retails, not a pro like you. :)
     
    #35     Jul 31, 2019
    VPhantom likes this.
  6. Turveyd

    Turveyd

    50k over night, is the dream, 1 of them per year please with no other trades inbetween.

    My Last options play, 6K account all in with Puts, massive gap up and run, if I had Calls, 100K+ easy within a week :( Still depresses about that :(
     
    #36     Jul 31, 2019
    Overnight likes this.

  7. Yes that is correct.

    • Buy to open two (2) 215 calls at $2.49
    • $498 + $12.45 commission = $510.45
    • Sell to close (2) 215 calls at $4.80
    • $960 - $12.45 commission = $947.55
    • P/L $947.55 - 510.45 = + $437.10 (+85%)
    :)
     
    #37     Jul 31, 2019
    ironchef likes this.
  8. Overnight

    Overnight

    Green is good. :thumbsup:
     
    #38     Jul 31, 2019
  9. EvanDM

    EvanDM

    $12.45 in commissions per sidefor 2 contracts?
     
    #39     Jul 31, 2019

  10. I have two Canadian trading accounts.
    • BMO Investorline - $9.95 (USD) plus $1.25 (USD) per contract.
    • TD Direct Investing - $9.99 (USD) plus $1.25 (USD) per contract.
    :)
     
    #40     Jul 31, 2019
    VPhantom likes this.