Placed an Apple earnings calendar this week. Stock price was around ~226 earlier this week and got a feeling that the stock might continue on its bullish run so I picked a 230 strike. I want to get ~15% before exiting. That should happen sometime next week.
BTO 5 AAPL Apr/May 230 call $5.12
Saturday, March 27, 2010
Apple Earnings Calendar
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2 comments:
One more question.
If you were to open up a calendar trade today in order to take advantage of the volatility change during earnings, what would you do?
With only one week to expiration this strategy will not work well. IV has already increased so profit potential is limited.
This type of strategy is not meant to be held thur expiration.
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