long 270
short 267.50
short 260
long 257.50
Max profit $1.07 (AAPL close between 260-267.50)
Max loss $1.43 breakeven $268.57, $258.93
A trade to collect option premium. I'm targeting 40-50% return depending on price action. There's ~70% chance of profit which is on the low side. IV is also low so I will be watching carefully for any turns for the worst given the short duration.
As of Nov 15th, my risk is to the upside. Will update early next week :)
short 267.50
short 260
long 257.50
Max profit $1.07 (AAPL close between 260-267.50)
Max loss $1.43 breakeven $268.57, $258.93
A trade to collect option premium. I'm targeting 40-50% return depending on price action. There's ~70% chance of profit which is on the low side. IV is also low so I will be watching carefully for any turns for the worst given the short duration.
As of Nov 15th, my risk is to the upside. Will update early next week :)
Trade active:
+17.76% so far w/3DTE. May roll the calls up if AAPL closes above $267.50
Comment:
+34.26% … close to my target profit range. Will look to close tomorrow at right opportunity
Trade closed: target reached:
+43.3% ...I hit my profit range. The stock performed as expected. Good trade, money made.