This is a pure speculative trade and I'm risking a maximum of just a bit under $10,000 and I can make 28% on the trade. The maths of this trade only work with the high win rate I have with them.
Tuesday, July 24, 2012
Apple Earnings Spec Trade
I bought a Broken Butterfly on July AAPL. I BOT +590 PUT, --585PUT, +575PUT. I'm banking on either a good reaction to the earnings report tonight or one that doesn't take out my short 585 PUTs. I've traded July as they expire on Friday.
This is a pure speculative trade and I'm risking a maximum of just a bit under $10,000 and I can make 28% on the trade. The maths of this trade only work with the high win rate I have with them.
This is a pure speculative trade and I'm risking a maximum of just a bit under $10,000 and I can make 28% on the trade. The maths of this trade only work with the high win rate I have with them.
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