June 20, 2013 Trade Alert - Terry’s Trades Portfolio

AAPL has a consistent record of trading lower on the regular monthly expiration Friday so there is a big temptation to wait until tomorrow.  On the other hand, we have a nice gain and selling this option will yield a 100% gain on half our investment for the week even if the stock only stays flat:

STO 1 AAPL Jun-13 415 put (AAPL130622P415) for $2.70

Be prepared to change this price limit by $.05 or more in order to get an execution.

Happy trading.
 
Terry