Wednesday, May 09, 2007

Trading Apple Options

Today I hit a double on the AAPLE MAY $105 CALLS, buying in at $1.42 and selling out at $2.85. what a ride it was! I knew the consolidation mid-day was just masking the ultimate breakout we received after the FOMC announcement. There was a pullback towards mid-day support and it didn't break that level, so I knew the buyers weren't panic selling.

100% Gain in 2 trading days

1 comment:

Hassan said...

Nice work man. First time im looking at you blog , you got some good insights.