AAPL uptrend Call Spread
I got in late on this one but it may still work out fine.
Oct 11 EXP 215/220 Call Spread
Vix is too low now for a good credit spread and my timing would be off.
Cost of spread was $2.29 Which is pretty nice for a 5 point spread
Target loss is $100. Target gain is $175
If the SPY sells off between now then it may fail or some bad news event but this seems to be in the direction of expansion, RSI is rising and OBV is flat which is fine.
I got in late on this one but it may still work out fine.
Oct 11 EXP 215/220 Call Spread
Vix is too low now for a good credit spread and my timing would be off.
Cost of spread was $2.29 Which is pretty nice for a 5 point spread
Target loss is $100. Target gain is $175
If the SPY sells off between now then it may fail or some bad news event but this seems to be in the direction of expansion, RSI is rising and OBV is flat which is fine.
Trade closed manually:
$43 Gain, closed trade as aapl seems to be getting more bearish news as AVGO and goldman are becoming bearish on aapl