Though there are rumors that Apple is going to announce stock split tomorrow, but I decided to book profits. It was a wonderful trade. I sold half for 40% profit and remaining half at 185% profit. This bring my overall profit in apple to little over 100%.
It was originally posted in the forum and discussed [...]
I first highlighted POT here, and I went in with a bullish put spread (180/175) for $1.10 credit. Today I bot it back for $0.23/spread, yielding me nice 22% profit.
Profitable trading, OptionPundit
Credit Spreads, Past Performance
Thought let me share with you how I am doing on ADP…already up over 200% in less than 1hr, most of the gain are due to IV rise on the May 50 calls, I bot it for $0.15 and now selling $0.50-$0.60. I have already sold half of May 50s at average $0.48 per options and still [...]
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