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Showing posts with label AAPL Oct 28 2022 $130 put. Show all posts
Showing posts with label AAPL Oct 28 2022 $130 put. Show all posts

Friday, October 28, 2022

Options trading : Apple (AAPL) earnings play (semi-bullish)

  GET WEEKLY TRADE IDEAS HERE.

FREE OPTIONS TRADING LESSONS HERE.



10/27/2022 (12:38 pm, PT)

sell -1 Oct 28, 2022 $130 put at $0.48 (credit)
  • earnings announcement at 1 pm, PT on Oct 28 (the next day)
  • 1 DTE
  • AAPL = $145.11
  • prob ITM = 10%
  • market maker move:  up/down $7.71


10/28/2022 (expiration)

AAPL closed at $155.74 (up $11!!)

My short put expired perfectly

PROFIT:  $48 (in 1 day)