OptionPundit

AAPL earnings -Closed Profit 100%

Written by

OptionPundit

in

screenhunter_33.jpgThough 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 here.

Profitable trading, OptionPundit

Comments

3 responses to “AAPL earnings -Closed Profit 100%”

  1. Caltrader Avatar
    Caltrader

    I made the same exact trade, got in long 8 contracts of the APPL May $105 Calls at $1.40, sold near the end of the day for $2.80, I saw the pull back and waited for the liftoff, nice trading.
    Cal

    Reply
  2. Rapheal Avatar
    Rapheal

    how do you find such trade?
    beginner

    Reply
  3. OptionPundit Avatar
    OptionPundit

    Thanks Caltrader. And as both of us locked-in profits before market fell, ready for the next round :)?

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts