Last Wednesday (May 30th) I closed 1 of several smaller AAPL Calls, the strike was June (the rest are July). 3C was showing the probability of a pullback and there was a 131% profit in the June Calls, if I can help it with an expiration in the current month, I don't want to sit through a pullback, but rather close, take the profits and reposition a month further out.
AAPL is down about 4% from May 30th and I like how it is developing this a.m.
I'll probably watch for a few more minutes and check on Tech and make a decision, but I'm leaning toward a speculative addition to the July AAPL calls already in place, probably a $550-$555 strike.
I'll let you know before I do anything.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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