Aug 2019: AAPL $195 – $205 Bull Call Spread
Stock
Trade Structure
Trade Date
Expiration Days
Trade Rationale
Trade Selection Criteria
Overall market movement
Overall market was under pressure for a week and dragged down all stocks along with it. The perfect setup that we always look out for!
No Earnings or Significant News
Earnings are behind us and were announced on 7/30. There is no significant news or earnings event during our trade cycle.
Bollinger Bands outside Keltner Channels
Bollinger Bands are outside Keltner Channels. We are not in a squeeze or low volatility period.
RSI Analysis
RSI changing directions indicating a reversal in trend.
ADX Analysis
ADX flat. The previous downward momentum seems to have lost its strength.
Trade Analysis
Trade Outcome
Profit/Loss
Beginning Account Balance
Ending Account Balance
Great job!
I appreciate the kind words. If you don’t mind, kindly leave a 1 liner review for my book.
Nice trade. I’m curious as to why you didn’t choose the 190-200 Bull Call Spread given that AAPL was trading as 195.
I always do ATM spreads to keep the math simple.