1strangealien 9:09 am on Tuesday, January 30, 2018
Tags: Fuzzy ( 414 )

MU

#Fuzzy – I don’t have a good feeling about the upcoming AAPL earnings with rumors of stagnant iPhone X sales. Plus need more clarity in the market in general. Seems like MU is on the precipice to give me a bigger loss than I want to take. I overstayed my welcome on this one, it was making decent money until recently. STC MU Apr’18 45/45/40 Fuzzy for 0.20 debit, bought for 0.88 on 1/02/18. BTC MU Feb02’18 45.5 calls for 0.12, sold for 0.30. Net loss on the trade is $72.66 (a little more than 0.07 on 10 contracts).

fuzzballl 9:17 am on Tuesday, January 30, 2018

Probably a good idea. I wasn’t totally convinced when I entered the trade too. Stuck just below the 50ma and negative news leaking out of AAPL not a good combo. Then last night…Henry over at Simpler Options had a bullish video on it. Kept asking myself…what’s he seeing that I’m missing? Well…apparently nothing! LOL. I’m out to July so I’m probably going to keep plugging along. At 52 cents a week it’s still a double (if I can get that when it’s sitting at 30 next week!
- 1strangealien 9:41 am on Tuesday, January 30, 2018
  
  Thanks. Yeah my core was just in February and the stock price was trickling further below the short put position. I think it’s a good easy ticker to roll and stuff it just didn’t work out for me this time.