aapl july 180 calls

I made an option “gamble” today buying 15 July 180 aapl calls at $2.49 pe contract.  Aapl showed tremendous strenght this morning as the market rallied, and I believe there will be a really nice run up for aapl’s release of their new iphone on Friday.  So I am ok with this short term trade, knowing aapl well and knowing that it can spring to life on just about any good news, even in a bad market.  I will put a limit on the downside at $2.00 per contract, which I know is really just a down day away from hitting.  On the upside I will sell the calls anywhere near the $3.80 mark, which these calls hit this morning.

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  1. [...] Posted July 8, 2008 Filed under: Uncategorized | Tags: aapl, buy, calls, profit, sell | As I wrote earlier today, I bought some July 180 AAPL calls at $2.50 per contract on what looked to me a temporary dip in an [...]


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