Saturday, September 10, 2016

AAPL-2 Hedged Trade #2

Aug 12 

AAPL stock is moving higher since earnings. There is some overhead supply at these level so perhaps the stock will at some point retrace part of this move.

The position is up over $1K since opening on Aug 1.  The expiration for Aug 12 is today and I will roll over the position for another week collecting a small credit.


+7c Aug 12 AAPL 106 C @ 2.17
-7c Aug 19 AAPL 106 C @ 2.41
Net credit: 0.24/c

Total additional credit: $168
Total commissions: $9.79

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