Replies to post #12589 on Options Wonderland

[3xBuBu]

leemalone2k3, nice to see
a different strategy here, are you looking for a rise in AAPL near term and buying April put as a leverage?

#MSG-23089919

AAPL Feb 180.0000 Put (APVNP) @6.70. . . . . . . . . . . . . . . . AAPL April 180.0000 put (APVPP) @10.9

[3xBuBu]

AAPL looks pretty toppy here
but the Calendar Spread doesn't yield much gain.
Actually on the loser side IMO


Sell the Feb 180 put

Buy the April 180 put


closed on 12/28 @199.83

[3xBuBu]

Calendar spread study for AAPL.
as of today 01-24-08 prices since 12-27-07:
dropped from 198.57 to 135.60
Buy the April 180 put: (46.05-10.9)= 35.15 Credit
Sell the Feb 180 put: (6.7-44.7)= 38 debit
net = 35.15 - 38 = -2.85