I added 3 Jan 530 calls on AAPL for $11.75. AAPL has been good to me so far in this challenge and I am using today’s pullback to pick some up at the 7 and 20 day moving averages. I will leave the trade with about a 50% loss if the stock breaks into a new low. For now, odds are that the stock bounces here. While I am looking for a move into the $585 range, my holding of the trade will depend on the price action.
I plan to hold the DE trade through the weekend. DE continues to trade above the upper bollinger band and still points towards the $90 level. For now, my account value is just north of $13K so its been a good start to the year.