Monday, November 19, 2012

Closing Half of Dec $540 AAPL Calls

This is essentially taking the original investment off the table and letting the profits run, or guaranteeing at least a break even trade in the worst case scenario...

I'll show you why in the next post, but it has nothing to do with the cycle, it has to do with my low tolerance for any pullback or even consolidation in a highly leveraged product like options, this wouldn't change anything as far as an AAPL long stock position.

So 1/2 would be closed.

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