It has been more than a year since I made a trade on Apple (AAPL) and that changed today. I was excited when AAPL shares split 7-for-1 early last month because I knew I’d be able to get back in with options without putting up $40-50,000. I didn’t jump on the options last month because…
Tag: AAPL
Options Expiration – April 2013
I came into today with only a couple of positions remaining. I closed my other April options over the past few weeks, mostly with poor timing. My AAPL bear put spread was a fantastic trade, except I closed it for a loss before the fantastic part worked itself out. I missed out on a nice…
UCO and AAPL Adjustments
So much for patience. My plan to wait on selling covered calls on UCO didn’t last more than a few trading hours. At least I’m glad I waited overnight, because UCO moved more than 1.7% higher this morning from yesterday’s close and the call option prices came back to more acceptable levels for my needs….
New Approach with QQQ and AAPL
I’ve been eyeing puts on AAPL again for the past few days. If I had stuck with my strategy from last year and kept repeating it, I would have made up for my losses. Instead, I backed off and waited for AAPL to settle down. I don’t think it has settled yet and so I…
Sold AAPL Naked Put, Again
I’ve sold Apple (AAPL) options a few times and have an overall profit from my series of trades. I don’t like taking big risks with it since it is so volatile and try to sell naked puts far out of the money (OTM). I like trading it due to its volatility too. That makes the premiums much…