Call Spread on AAPL on 7/1/2019

Apple Inc. (AAPL) designs, manufactures, and markets mobile communication and media devices, and personal computers.

It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems.

It also provides iTunes Store, an app store that allows customers to purchase and download, or stream music and TV shows; rent or purchase movies; and download free podcasts, as well as iCloud, a cloud service, which stores music, photos, contacts, calendars, mail, documents, and others. 

Trump and Xi agreement should help shares Apple get a boost. Shares have moved above their 50-day moving average line. 

We will be trading July 19th option

Last Trade:  $198.00

Trading Range: $142.00 - $233.47

Trade Buy 1 July $197.50 Call at $5.50 Sell 1 July $205.00 Call at $2.50 For a net debit of $3.00 Profit/Loss Analysis Maximum profit is $450.00 at strike of $205.00 Maximum loss is ($300.00) at strike of $197.00 Closing Summary Sold 1 July $197.50 Call at $6.65 Bought 1 July $205.00 Call at $1.45

Position closed on 7/12/2019 at price of $5.20 with a 73.33% gain in 11 days.

Updates

7/12/2019 1:03:29 PM

Closing AAPL Call Spread at $4.60

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