kungfuguo
Long

AAPL Daily Analysis 12/6/13

BATS:AAPL   APPLE INC
292 2 2
Note on chart. Consolidation period expected. Overall Bullish .
tradeseek
3 years ago
Agreed. But what does BTO and STC mean?
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kungfuguo
3 years ago
BTO = Buy to Open, refers to opening a position in the option market, either long (buying calls), or short (buying puts).
STC = Sell to Close, refers to closing a position in the option market
In this case, I bought Dec 540 call options on 11/26, and sold to close today
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