After a long vacation I am back and will be posting my trades. Currently I have a few small trades on:
AAPL $482.25 475/470 Put Credit Spread ($82 credit); 485/490 Call Credit Spread ($85 credit). Apple had gone up a lot early in the week so I am happy to see the stock move lower today. I looking pretty good consider what I know. Amazon has annouced a Kindle product that will compete with Apple's ipads which sent the stock lower. I don't think the stock will rebound much the rest of the week and I really think Apple will stay between my 475 and 485 strikes. Two days to go.
HLF $70.78 10 69/68 put credit spreads ($33 credit); 10 72/73 call credit spreads ($20 credit). HLF was hanging around 68/69 earlier this week but today the stock rose $2 so I'm looking really good right now. However, if the stock continues its uptrend I could be in trouble. There are so many short shares sold right now that large increases can always happen. I'll take the risk as I think we see the stock level out for the rest of the week.
Starting next week I'll have a lot more trades.
Jonny
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