Stock / Symbol: Apple Inc / AAPL;
Option Strategy: [private_monthly]calendar call spread[/private_monthly];
Trade entry date / price: 27 Apr / $131.55;
Price at this adjustment: $112.20;
Adjustment: Rolling the short call to October expiration. After this adjustment, the Greeks will be: 29.4 Delta, 1.9 Theta, and 42.3 Vega
Trade Adjustment Details:[private_monthly]
BTC -1 AAPL Sep 125 call
STO -1 AAPL Oct 125 call
for a min net credit of $0.83 per contract (GTC order, limit order). The mid is currently at $0.83.
[/private_monthly]
Max Risk: $1595
Max Reward: $200 or 13% (at current volatility) by Oct 16th
Profit Range:$121 to $130 by Oct 16th
Suggested Upside stop: @ $127
Suggested Downside stop: NA
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