Seeking Alpha
  • Ricardo Espinosa
    STO 10 AAPL weekly 595/590 call spreads @2.5 each, to be bought back TODAY when gap fills around 587-585, then we sell put spreads.
    12/3/12
    Reply (9)
    • djohnsonhot: Thanks, Richard.
      12/3/12
    • bbrady413: Much appreciated, you have great trades.
      12/3/12
    • Ricardo Espinosa: Looking to buy them back @2, not filled yet.
      12/3/12
    • Ricardo Espinosa: Filled, time to sell puts soon.
      12/3/12
    • djohnsonhot: Fantastic Trade...nice Gap Play...missed it! (:>(
      12/3/12
    • djohnsonhot: Ricard, the strongest level of support that I can find is that 535..on the weekly...maybe better to open a Dec trade? Or, 11 days out?
      12/3/12
    • djohnsonhot: Sorry, meant, RICHARD..
      12/3/12
    • Ricardo Espinosa: Depends on how we open tomorrow, but I will be looking to sell put spreads at the time, I´m hestitant to sell call spreads after gap fill.
      12/3/12
    • djohnsonhot: Makes sense...pullback COULD make a weekly spread work....theta/decay could make it a good four day play.
      12/3/12