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Friday, July 8, 2011
















Strangle and Straddle Updated

As you can see we are still profitable in the AAPL Strangle and Straddle trade.

Strangle
AAPL 345 AUG 11 C 21.70
AAPL 340 AUG 11 P 5.40

Straddle
AAPL 340 AUG 11 C 25.35
AAPL 340 AUG 11 P 5.40

Would like to see where this trade take us before earnings are released, in a couple of weeks.