Wednesday, January 16, 2008

Opened Iron Condor on AAPL

As if I haven't been abused enough by AAPL, I'm going to open an Iron Condor on it.

This is my trade:
Buy Feb '08 230 call @ .60
Sell Feb '08 220 call @ 1.04
Buy Feb '08 125 put @ .97
Sell Feb '08 135 put @ 2.16
Credit $1.63

So I'm opening this, but because AAPL is on my Sh*t list, I'm only doing 1 contract.

1 comment:

Unknown said...

LOL. Ahh AAPL. Good luck with the IC.. Earnings are next week and AAPL could move up or down violently after..