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S&P 500
7,400.96
(
-0.16%
)
US TECH 100
28,196.00
(
-1.18%
)
Dow Jones
49,760.56
(
0.11%
)
Brent Oil
104.41
(
-1.28%
)
Bitcoin
81,187.76
(
0.87%
)
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leemalone2k3

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leemalone2k3

Re: None

Tuesday, 07/24/2012 2:17:40 PM

Tuesday, July 24, 2012 2:17:40 PM

Post# of 372630
Gonna take a stab at AAPL ER with the weekly options, buying a 600/605debit spread.

Buy 10 600c
Sell 10 605c
this costs 2700.00
On expiration:
If AAPL closes above 605 will get max gain of 2300
iF aapl closes beow 600 will get max loss of 2700
Breakeven stock price of 602.70
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