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Friday, March 16, 2012

AAPL March $485 put

3/7/2012

Sell to open 1 AAPL March 2012 $485 put at $1.10.

probability of expiring ITM:  7.92%


3/16/2012

Option expired "worthless."  Apple stock is above $485.


I made $110 in 8 trading days.

Initial investment amount:  ZERO!!!

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This options trader teaches at Lilia's Investing Academy in Albany, CA.

Click here to register for upcoming classes.

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