Tuesday, April 29, 2008

Close AAPL 170 May Call @ 8.80

I finally close my AAPL call options after holding it for a while, I'm really glad I don't lose money this time since they gave a weak forecast for the last quarterly earning result. After the earning, my options goes as low as $2.64, I place an order to double my position at $2.50 since I'm sure it just a market overreaction. However, my order didn't execute so I just hold on to the one that I currently have. Overall, I gain 1.57% for a period of one week.

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