racer8

Bull Put Vertical Spread

Long
racer8 Updated   
NASDAQ:AAPL   Apple Inc
Constructed a Bull Put Vertical Spread for AAPL. Bull puts are great for trading stocks since stocks tend to move up more than down.
In this trade, I'm going long. Hopefully the price remains stagnant or moves up. Worst case scenario is price moves down.
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Comment:
Throughout the life of this trade from start to finish, the trade was mostly in the profit zone. If you held it all the way to expiration...you would have realized a maximum profit because AAPL started to rally up on November 24th 2020.
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