UPDATE: AAPL at 95.21 Bought 2 contracts July11 96.00 weekly calls at $0.45 http://finance.yahoo.com/q?s=AAPL140711C00096000
Just for fun. Legged into a 95.71/96 3:5 Jul 11 ratio spread @.44/.34 for a $38 credit net of costs. Strikes are too close for much upside. I'll see if I can't squeeze a little profit out.
UPDATE: Position still open. AAPL 1-Day Chart Apparently that dip and partial recovery at 2:00 PM was caused by the release of the Federal Reserve minutes. As usual the markets can be very skittish when it comes to news and Federal Reserve meetings. AAPL lagged the market today perhaps they can outperform the market on Thursday. AAPL up 1.5%+ on Thursday.
Legging out. Sold 2 longs @ .12. Working on shorts. Not pretty. Sorry FF. It looks like I'll probably win piker trade of the week. 2 out of 3 ain't bad though. You nailed the UL and picked good strikes. The only thing is size. At least a 5 lot. Make some money. This is just playing.
Ok, out 3 shorts for .07. Costs are killing the P/L. With TWTR I got some rebates and ave. comm was .23/contract at one point. AAPL looks more like .75/contract. Got some serious delta on CL. Back to business.
I will be posting my usual option expiry summary with an AAPL 5-day chart on Friday after the market closes. The position is still open, down about 50%.
If the trade goes hard against you will you be editing your post again to make it seem as if the trade was a winner or have you finally gotten past that?