IA Trade Alert: I sold $AAPL Jan 2022 $145 Calls for $8.20 against my $100 LEAPS (Patreon)
Published:
2021-07-02 18:23:38
Edited:
2021-07-02 18:27:39
Imported:
2022-04
Content
I continue to pull money off the table and hedge my positions. I had thought about selling Apple but I decided to hedge it instead.
I've been telling you all for months that I was planning to sell my Apple at 140 so this is a little different because the premium was juicy.
The breakeven on this trade is for Apple to hit $153.20 - if it remains under 145 before January about six months from now I pocket premium and reduce my cost basis in my LEAPS