This sets a max profit of 53% ROR/ROI. Stop loss is above the reversal bar on market close.
Implied is increasing due to being just around the corner, so we've looked to sell the April 28 expiration for a decent risk/reward. The one word of caution on this trade though is , as it can be a double-edged sword in the game of trading AAPL . If price does indeed drive downward to begin a potentially strong down-move, IV will drop and we'll close the trade if any reversals show in order to maintain our strong position.