Comments on: Apple Earnings - Closed for 7 % Profit http://www.optionpundit.net/earnings/aapl-earnings-closed-profit-7 Powerful option trading strategies for consistent income. Credit spread, Iron Condor, Calendar spread, Double Diagonal, Income Spread. Thu, 08 Jan 2009 21:47:26 +0000 http://wordpress.org/?v=2.5.1 By: BACKSPREAD : Strategy for large moves at OptionPundit http://www.optionpundit.net/earnings/aapl-earnings-closed-profit-7#comment-38 BACKSPREAD : Strategy for large moves at OptionPundit Sat, 20 Jan 2007 06:29:40 +0000 http://www.optionpundit.net/archives/61#comment-38 [...] Let’s take Apple’s example that I played (details are here). I was bullish on AAPL and expected a significant up-move after the earning announcement on Jan 18th, 2007. Instead of buying straight call, I opened a trade in the form of a call backspread. A typical backspread is usually done in a 1 x 2 fashion. In other words, buy twice as many options than you sell but you can always choose your own ratio. In this example, I sold 3 AAPL January 2007 $95 calls for $3.25 and bought 7 AAPL January 2007 100 calls for $1.18. This gave me a credit of $1.65 per backspread. The margins requirement was about $1365 per backspread. After placing this on 17th, I waited for announcement that was on 17th after market close. [...] [...] Let’s take Apple’s example that I played (details are here). I was bullish on AAPL and expected a significant up-move after the earning announcement on Jan 18th, 2007. Instead of buying straight call, I opened a trade in the form of a call backspread. A typical backspread is usually done in a 1 x 2 fashion. In other words, buy twice as many options than you sell but you can always choose your own ratio. In this example, I sold 3 AAPL January 2007 $95 calls for $3.25 and bought 7 AAPL January 2007 100 calls for $1.18. This gave me a credit of $1.65 per backspread. The margins requirement was about $1365 per backspread. After placing this on 17th, I waited for announcement that was on 17th after market close. [...]

]]> By: optionpundit http://www.optionpundit.net/earnings/aapl-earnings-closed-profit-7#comment-34 optionpundit Thu, 18 Jan 2007 16:29:23 +0000 http://www.optionpundit.net/archives/61#comment-34 thanks meth. No I have not designed the site. It is one of the popular K2 wordpress theme that I have used. I used to provide basic skeleton to the site. Plugin etc can be found on the net widely. thanks meth.

No I have not designed the site. It is one of the popular K2 wordpress theme that I have used. I used to provide basic skeleton to the site. Plugin etc can be found on the net widely.

]]> By: meth http://www.optionpundit.net/earnings/aapl-earnings-closed-profit-7#comment-33 meth Thu, 18 Jan 2007 15:57:13 +0000 http://www.optionpundit.net/archives/61#comment-33 well, if the chart mirrors that of last year, there will not be any recovery. it fell pretty steadily for a few months. if i see $65 i will buy back, but otherwise i can wait til august for aapl to redeem itself for this drop. nice site btw. did u build it yourself? well, if the chart mirrors that of last year, there will not be any recovery. it fell pretty steadily for a few months. if i see $65 i will buy back, but otherwise i can wait til august for aapl to redeem itself for this drop.

nice site btw. did u build it yourself?

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