Thursday, March 15, 2012

Bull Call Spread (15 Mar 12): AAPL


Look for a bullish market where you anticipate a modest increase in the price of the stock above the price of the short Call option.


 

AAPL  $589.58
Buy to Open (1) Apr 12 590 C @ $27.00
Sell to Open (1) Apr 12 595 C @ $24.30
Net Debit: $2.70 ($270.00)
Breakeven: $592.70
Max. Profit: $235.00
Pct Return: 85.1% (36 days)

No comments:

Post a Comment