Jeff 12:27 pm on Tuesday, May 1, 2018
Tags: CoveredCallCampaign ( 132 ), Earnings ( 3,108 ), ShortStrangles ( 716 )

AAPL strangles

#Earnings #CoveredCallCampaign
Sold $AAPL May 4th 160/180 #ShortStrangles for 1.27. I am also long the stock, so short calls are covered. Leaning slightly bullish on strike selection.

Ramie 12:43 pm on Tuesday, May 1, 2018

I considered joining you here but feeling weird about AAPL right now. I’ve been long the stock as well but I think I’ll stay on the sidelines on earnings trades on this today. Thanks for the idea but I’ve channeled my inner Kim Jong Un and backed away from the button…
- Jeff 1:05 pm on Tuesday, May 1, 2018
  
  I usually find when I’m “feeling weird” about a stock it’s probably a buying opportunity. When I’m feeling confident about a stock, I should probably sell.
  - Ramie 1:29 pm on Tuesday, May 1, 2018
    
    I like the contrary indicator there. Makes a lot of sense to me 🙂
fuzzballl 1:42 pm on Tuesday, May 1, 2018

Looking good so far!
hcgdavis 3:44 pm on Tuesday, May 1, 2018

My 160 puts look good to expire Friday, although may close early, 75% profit already 🙂