CLOSING the $AAPL Options action trade - Mike

21 sep  - the show tonight revisits this trade for whatever reason after only a week, i guess since its all about AAPL day. heres the clip, starts at about the 4min mark AAPL clip .. carter sums it up nicely.. "not a whole lot has happened in 5 days" ..exactly..dont know why revisit this with several others hanging out there..losers not good for ratings i guess. so if you pull up this spread its up about a dollar...thats right..bought for $20, now can close for $21...listen to mikes wishy washy answer .. after all that from last week, like he forgot that he was the one suggesting this one. based on that lame response i will close it out in the spreadsheet since he "can only have so many things in his book".

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14 sep - carter worth and mike khouw with a trade on AAPL on the show this week. heres the clip, AAPL clip .. carter has not had a good track record lately but comes up with a bullish recommendation today.

Buy the Jan 675/715 call spread for $20 ($2000)

this is one of the more wacky trades ive seen mike suggest..first he prefaces his comments that "i dont want to lay out a great deal of premium"... well sweet sassy molassy...$2000 bucks..guess hes big time..spending $2000 to make $2000 does not fit the often advertised slogan of risk less to make more.. hes correct that the spread will not lose money if stock stays flat, but essentially wants stock to go up from here. there are way cheaper ways to set that up..mike seems to be making the comparison that instead of buying the stock at 700, to buy this call spread for $20....ok, but how about another trade vs buying the call spread for $20. i like dans comments at the end of the clip about not liking the risk reward. true dat .

it might work out but my objective then would be to make a lower premium trade for a luke warm bullish thesis. instead of mikes in the money call spread, id go for a Jan 700/740/780 call fly if you are locked into a Jan trade.. might get for about $540.. mildly bullish, risks way less.. big profitable range if you  get the christmas hype going, risk less to make more.. see all of mikes on-air trades in this google docs spreadsheet

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