I have paper Profit of more than $30k from Apple and Apple Call Options!
Apple was up $5 in 2 days and I have paper profit of more than $30k! This is amazing! I guess Apple will stay above $170 for a while. I will not take any chance, if Apple comes down below $170, I will take half of the profit. I might put a sell stop at $169.90 for 50% of my Apple shares.
Profit from Apple Mother shares: 36.18% or $4651.00
Total Profit from Apple Call Options: 156.47% or $29,025.00
Apple is trading comfortably above Support of $170 right now. It will stay at the price level as long as there is no bad news from the company or any so-called analysts downgrade the stock with stupid reasons. In my opinion, it will trading upward all the way to $200 again before the end of this year. Let's see if I am right.
Well again, I really hope that the above trades are in real money.
This blog is created to share the experience and the opinion of the Author. He does not offer any investment advice or recommendation. Trading or investing based on the content of this blog is the sole responsibility of the reader.