Weekly Apple (AAPL) Trade For May 8, 2012
Posted on May 08, 2012 at 12:01 PM EDT
Apple is down 1.5% this morning along with the broader market based on European concerns. This presents a good opportunity for a 4 day covered call trade using the weekly May expiration this Friday. We did this before and it worked out well. Annualized Return Of 32% Or Higher There are several in the money strikes offering an annualized return of 25% or higher right now. To make one of these weekly trades, you would buy AAPL today and then sell a call option that expires this Friday, with the hope of having your stock … [visit site to read . . . → Read More: Weekly Apple (AAPL) Trade For May 8, 2012

Apple is down 1.5% this morning along with the broader market based on European concerns. This presents a good opportunity for a 4 day covered call trade using the weekly May expiration this Friday. We did this before and it worked out well.

Annualized Return Of 32% Or Higher

There are several in the money strikes offering an annualized return of 25% or higher right now. To make one of these weekly trades, you would buy AAPL today and then sell a call option that expires this Friday, with the hope of having your stock … [visit site to read more]

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