Tuesday, March 4, 2008
APR aapl +-verticals (+11% or +$140)
3/04/08
bot +2 vertical APR 130/135 CALL @1.51 (mark 122.32)
sold -2 vertical APR 100/95 PUT @0.56
total margin 5.95 (2)
3/12/08
stc -2 vertical 130/135 @1.92 (+.41)
btc +2 vertical 100/95 @0.27 (+.29)
total profit +.70 (2 contracts)= + $140
The greeks are neutral for vega and gamma, theta is positive and delta is positive 25 (biased bullish)
plan to risk 150 to make 150 total on trade.
If stock gaps I risk a greater loss, but AAPL is beaten up and I believe the gap up is a better possibility.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment