AAPL JAN trade (closed $92 loss)

12/24/07
Christmas Eve trade on AAPL
sold (1) 195/240 CALL verticle for 11.10 credit
bot (2) 200/220 CALL verticle for 6.37 debit
total debit for trade is 1.64

Plan for trade is to close for 100% approx $200 profit and not loose more than $150
Observe the screen shot to see the death trough at 200 and bad area around +15%
need to keep an eye on these areas and be ready to close/adjust trade to avoid these risky areas.
The 200 point will not start to show unfavorable for till close to JAN expiration.

1/04/08
Plan did not go according to plan and is showing weakness, even if they blow minds at MacWorld and their earnings my theta decay around 200 is painful and I don't want to rely on a 15-20% move to make money. therefore, closed the trade for a small loss of $92.