Apple skip strike butterfly spread 1x call at 200, 2x @ 190 and 1x @ 185, EXP September 20th
Entry was $240 debit and max loss is the debit.
Target is max profit anywhere at $240.
I won't wait till exp I plan to take the profit on the trade.
I can see Apple possibly trending lower after this earnings as they should release some information about how they are affected more by Tariffs against China since they are slowly moving their assembly locations from China to elsewhere.
Entry was $240 debit and max loss is the debit.
Target is max profit anywhere at $240.
I won't wait till exp I plan to take the profit on the trade.
I can see Apple possibly trending lower after this earnings as they should release some information about how they are affected more by Tariffs against China since they are slowly moving their assembly locations from China to elsewhere.
Trade closed manually:
$201 loss taken after earnings