Closing Order Adjustment : AAPL

Stock / Symbol: Apple / AAPL

Option Strategy: [private_monthly]iron condor[/private_monthly]
trade entry date: May 2
Price at trade entry: $584.60
Price at this post: $563.80

Update: Didn't get filled at $0.30 debit on Friday. Upping limit order to a $0.35 debit here. [/private_monthly]

Closing Trade Details:
[private_monthly]

BTC -2 May12 615 calls
STC 2 May12 620 calls
STC 2 May12 535 puts
BTC -2 May12 540 puts
for a max net debit of $0.35 per contract (current bid $0.32 / ask $0.41) (GTC, limit order).

Max Risk: $752
Max Reward: $248 or 32% by May 18
Profit Range: between $540 and $615 by May 18
Suggested Downside Stop @ $540
Suggested Upside Stop @ $615
Realized Profit / Loss upon fill: $178 or 23% (pre-commission)

Non-members, click here for access

Speak Your Mind

*