This premium for a strike price $5 higher than market price says AAPL is OVERSOLD.
But, I am always a seller of Jan 2017 calls...why? Tax deferred cash at NO cost
the last two days, it did and trends come in three.
However, my tea leaves are not as strong as they once were.
Have happy holiday weekend
1. Sell the Jan 2016 $130 calls for $10 - $12+
2. Close the sale of the Jan 2016 covered calls t and sell the same strike price $2017 covered calls for a net of $18 - $20.
3, Sell the Jan 2017 $85 put for $10
Tomorrow you can put $15.60 a share in your pockets.
You must be willing to hold the stock until Jan 2017 and walk away at $130.50.
Sell the Jan 2017 $115 covered calls for...
AAPL170120C00115000 15.60 15.35 15.70
or do nothing..AAPL is OVERSOLD here
AAPL sales are accelerating in China..as per Cook.
Maybe AAPL will be the safe haven IF one is desired,,?
Trends come in three
Racing higher..was up 80+...now $100+ and climbing
you do not want to be a product of your environment ..But...your environment be a product of yourself.
Stay true to your idea!
it is that simple
Futures are racing higher