Friday, August 24, 2012

$AAPL OptionsAction web extra trade

part 2 of the web extra has scott recommending a new trade on AAPL, here the video clip AAPL clip

Buy the DEC 675/725 call spread for $18.50

pretty straight forward trade. as usual when i see a trade that far into the future i would rather to a diagonal spread.. buy that Dec675 and instead sell either upside weekly or monthly short calls.. the SEP 700 is going for $6.00 ish now. its a little more of an up front cost but you maximize the time decay of the short call by selling weekly or monthly options vs that DEC 725. see all of scotts on-air trades in this google docs spreadsheet

click--> to follow on twitter... BTW, she has nothing to do with Aaple



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