AAPL:
http://www.marketwatch.com/story/the-iphone-slowdown-spells-doom-for-apple-2016-01-07
http://www.marketwatch.com/story/ap...t-jan-quarter-iphone-6s-production-2016-01-05
http://www.forbes.com/sites/chuckjo...wagon/?utm_campaign=yahootix&partner=yahootix
http://finance.yahoo.com/echarts?s=AAPL+Interactive#{"range":"2y","allowChartStacking":true}
Trade:
With AAPL at 96.96
Oct 130/135 bear call spread for a net credit of $45
Yield = 45/455 = 9.9% in 285 days or 12.7% annualized
Prob = 84%
Expectation = .84(45)-.13(455) -.03(227) = 37.8 - 59.15 - 6.81 = -28.16
Price............Profit / Loss.........ROM %
70.00............... 45.00............ 9.90%
90.00............... 45.00............ 9.90%
100.00............. 45.00............ 9.90%
120.00............. 45.00............ 9.90%
130.00............. 45.00............ 9.90%
130.45.............. 0.00............. 0.00%
135.00........... (455.00)......... -90.10%
140.00........... (455.00)......... -90.10%
150.00........... (455.00)......... -90.10%
http://www.marketwatch.com/story/the-iphone-slowdown-spells-doom-for-apple-2016-01-07
http://www.marketwatch.com/story/ap...t-jan-quarter-iphone-6s-production-2016-01-05
http://www.forbes.com/sites/chuckjo...wagon/?utm_campaign=yahootix&partner=yahootix
http://finance.yahoo.com/echarts?s=AAPL+Interactive#{"range":"2y","allowChartStacking":true}
Trade:
With AAPL at 96.96
Oct 130/135 bear call spread for a net credit of $45
Yield = 45/455 = 9.9% in 285 days or 12.7% annualized
Prob = 84%
Expectation = .84(45)-.13(455) -.03(227) = 37.8 - 59.15 - 6.81 = -28.16
Price............Profit / Loss.........ROM %
70.00............... 45.00............ 9.90%
90.00............... 45.00............ 9.90%
100.00............. 45.00............ 9.90%
120.00............. 45.00............ 9.90%
130.00............. 45.00............ 9.90%
130.45.............. 0.00............. 0.00%
135.00........... (455.00)......... -90.10%
140.00........... (455.00)......... -90.10%
150.00........... (455.00)......... -90.10%