I opened $AAPL VERTICAL 240531 CALL 185.0/CALL 190.0$  ,APPL: sold bear call on APPL with strike set at $185/$190. Contract duration is 25 days expiring on 31st May. Premium collection if correct is $135 over max risk $500 per contract so that’s 27% returns. APPL had a pull back despite a bullish market today. Probably to Berkshire’s call that they had trimmed APPL share in Q1 and Mr Buffet had broad base followers. decided to sold these bear calls set at recent high and don’t think it’s retest until better earnings next quarter. The recent peak also coincide with downward channel top providing another layer of resistance.
AAPL Vertical
05-06 23:35
US185.0/190.0
SidePriceRealized P&L
Credit
Open
-1.35--
Holding
AAPL VERTICAL 240531 CALL 185.0/CALL 190.0
# Trade Feed: Who is your favorite star traders?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment5

  • Top
  • Latest
  • PandoraHaggai
    ·05-07
    TOP
    You believe the recent pullback is due to Berkshire's trim of APPL shares.
    Reply
    Report
    Fold Replies
    • Terra Incognita
      When Berkshire dumps that much shares on open market, it’ll be hard to be bullish until its done. And then there are questions of underlying performance of the company.
      05-10
      Reply
      Report
  • jethro
    ·05-07

    Thanks for sharing 😁 

    Reply
    Report
  • KSR
    ·05-07
    👍
    Reply
    Report
  • 梓坚
    ·05-07
    👍👍
    Reply
    Report