<p>one of the 670 calls is on margin? I’m not allowed to do this trade</p>
<p>Yes…that’s good that you can’t do this trade… :)</p>
<p>I think I am going to take it off…before earnings…</p>
<p>I have an order in to close it.</p>
<p>I also have an order in to do it one more time…</p>
<p>I am schizo… ;).</p>
<p>I can sell call spreads but I don’t feel comfortable buying something at a higher price. I prefer selling puts or put spreads. At least in that case if I’m assigned, I’m buying at a lower price but only something I want to own if I think its not going to go down any further. </p>
<p>As far as your trade, I would be surprised if it gets that high. Of course with my position, I’d love for it to happen - especially at expiration in May.</p>
<p>long 1 645C vs short 2 670C at a .60 credit, BE up around 695? Looks like a good trade to me. At 690 APPL is probably worth more than the rest of the world combined. :D</p>
<p>I don’t think Aapl is going to get that high either…</p>
<p>I make money…up to 695.45</p>
<p>Ok don’t make a lot a lot below 645… 45 bucks…</p>
<p>“long 1 645C vs short 2 670C at a .60 credit, BE up around 695? Looks like a good trade to me. At 690 APPL is probably worth more than the rest of the world combined.”</p>
<p>:)</p>
<p>I just took it off…made 25 bucks…</p>
<p>Damn it…I tried to cancel that closing order…</p>
<p>I have an order to put it back on…I don’t think I am going to get it…</p>
<p>I liked the fills…though…</p>
<p>This is kind of a test to see how Schwab does these trades…</p>
<p>I am happy that Schwab got the trades off.</p>
<p>Option Market makers must be making a killing in AAPL. The markets are wide…And the volume is fantastic.</p>
<p>I really enjoy Cramer’s show.</p>
<p>Trading on earnings is not my thing.</p>
<p>Yay for the end of week rally.:)</p>
<p>Bummer…those 670 calls went poof…</p>
<p>patience is a virtue as I begin losing money in my aapl spreads.</p>
<p>:)…</p>
<p>On the other hand, if aapl blows past estimates on Tuesday, shorts will get their heads handed to them.</p>
<p>:)…</p>
<p>Due to the wonders of time value in my options. If aapl closes at 550 today, I lose 18.5 a share vs 7.87 at the May expiration - looks like I’m in for the long haul</p>
<p>Well…why wouldn’t you buy in the weekly 560 puts before the stock breaks 560?</p>
<p>So you don’t lose the 10 bucks.</p>
<p>The puts are 0.06.</p>
<p>Now 0.04. I would not lose 10 bucks a share on these puts…</p>
<p>I would be watching those puts carefully. ;)</p>
<p>I forgot about those puts.</p>
<p>Ok…i just did the weekly 650–670 call spread in aapl 2 by 4 for 0.175 credit…</p>
<p>I make momey at expiration between 650 and 690… And I am sure I will get out before that…</p>
<p>This spread is not quite as good as the one this morning…</p>
<p>I bought back the 560 put for .05 - probably better to be safe than sorry</p>
<p>Absolutely…</p>
<p>Trying to make an extra .05 and then end up losing dollars instead …is not going to work.</p>