+1 AAPL 16 Dec 16 110/112 Debit Put Spread @ .91
Shorting AAPL here on it's last little run up.
Max Profit: $1.09 ($109)
Max Loss: $.91 ($91)
Target: ~.55 or $55.
Full profit is achieved if AAPL stays below 111.09 at expiration, so I just used the green zone to represent this.
Shorting AAPL here on it's last little run up.
Max Profit: $1.09 ($109)
Max Loss: $.91 ($91)
Target: ~.55 or $55.
Full profit is achieved if AAPL stays below 111.09 at expiration, so I just used the green zone to represent this.
Trade closed: target reached:
Took this trade today for 50% winner @ 1.46.