Jan 2016 90.00 puts AAPL160115P00090000 8.00 Down 0.67 8.00 8.10 142 16,05
90.00 AAPL160115P00090000 8.63 Down 0.04 8.40 8.55 7 16,054
The suggestion to sell puts was to balance the overly cautious suggestion to sell covered calls.
However, the decision to close this trade or not is an individual one. The sale of all puts are now profitable 10 to 20%.
Remember, the sale of the puts are all profitable now.
Since the buy in is almost 10 to 20% below market price It does not seem plausible that AAPL would fall as low.
However, the decision close these out is an individual one.
Have a nice day
I read an article about Putin.
Being a judo student, he will stand in a position for hours waiting for the opportunity for an opening to make a move.
Study this board, the regulars are consistent with their actions.
just an observation
AEA buys positions on both sides of the action then waits until each is profitable. This is why they post long and short positions.
Now, I do not know any one these people. Often they trade against us. They only trade with use when it is profitable to do so, it appears
IF you bought the stock today you can pocket 11,65 % pre-tax return by selling the Jan 2016 $100 calls..
100.00 AAPL160115C00100000 11.65 Up 0.51 N/A N/A 2,011 79,055
No one knows what price we will be then.
the Jan 2016 $90 puts sold for $10. Yesterday they could be bough back at $8.70. So a 13% profit, so far.
the stock went up 6.7%
So, if someone did both, they are up 20%
many also sold high premium puts so they are "doubling" their fun.
Stock is going higher and the premium on the puts is falling
today,,78.57 AAPL160115P00078570 4.50 Down 0.50 4.40 4.55 21 39,173
already $363,100 profit if closed