Disclaimer: The trades discussed in this blog reflect the author’s personal strategies and decisions. These are not financial advice and should not be considered recommendations to buy, sell, or hold any financial instruments. The author is not a licensed financial advisor. Options trading carries significant risk, and readers should perform their own research or consult a qualified financial advisor before making any investment decisions. Past performance does not guarantee future results.
Today I bought a call on AAPL:
I like the price chart, and AAPL's latest earnings report was really nice. Also, IV is very low (IV rank lower than 20%).
As always, I've added this trade to the trade log.
Update
I closed the trade earlier than I thought at a nice $500 profit:
I'd rather take a quick profit in the bank than wait for time decay to erode the position.
Gianluca Longinotti is an experienced trader, advisor, and financial analyst with over a decade of professional experience in the banking sector, trading, and investment services.
Gianluca LonginottiFinance Writer - Traders Education