AAPL Set to Open Lower
Talk of weak iphone sales in China has AAPL trading almost 3% lower this morning. On the open, my put options should be close to 100% profit. I will take one of the contracts off when the options open for trading and let the other contract ride through the day.(I won’t send a new post when I exit) This should put about $3000 in cash into my account and still keep me exposed in AAPL to see if it breaks the $500 level.
Got $35.00 for the contract.