optionshane 10:31 am on Tuesday, October 25, 2016
Tags: Earnings ( 3,108 )

AAPL #earnings

AAPL
#earnings Is anyone doing an earnings trade on AAPL? Ryan w/ TT sold an Oct 28 Iron Butterfly 112/118/124 @ 4.12. Wondering if I should follow. Any recommendations?

prvtrader 10:41 am on Tuesday, October 25, 2016

I have a Jan 20 2017 125/135 BuCS which I paid $1.27 for, but I don’t think that is what you mean.
fuzzballl 10:47 am on Tuesday, October 25, 2016

Looking at selling a strangle of some sort…
thomberg1201 10:48 am on Tuesday, October 25, 2016

I’m trying to get a fill, thanks for pointing it out. I think Ryan is pretty solid with his iron flys
- optionshane 10:54 am on Tuesday, October 25, 2016
  
  I just placed an order. Trying to get filled @ 4.18. Thank you for the feedback everyone.
  - thomberg1201 11:04 am on Tuesday, October 25, 2016
    
    Fillled at 4.16
    - optionshane 11:08 am on Tuesday, October 25, 2016
      
      Reduced my price to 4.16.
      - Bobbie 11:26 am on Tuesday, October 25, 2016
        
        following this trade also. hope it works.
      - optionshane 11:45 am on Tuesday, October 25, 2016
        
        Finally got filled @ 4.13
Jeff 11:09 am on Tuesday, October 25, 2016

I like this trade, too. I don’t like the premium for a condor or naked, so I’ll take a shot at this neutral play. These have worked for me before when there is 3 days for any initial move to return to the mean.