OPEN TRADE: Monday, 5/12/2014
- BUY CALL: $600.00…$0.89 suggested premium
- SELL CALL: $597.50…$1.20 suggested premium
- BUY PUT: $570.00…$0.74 suggested premium
- SELL PUT: $572.50…$1.02 suggested premium
CLOSE TRADE: Friday, 5/16/2014
Apple’s trading range on 5/16/2014 was $585.40 to $597.53.
The $597.50 call option was worth as little as $.01.
|AAPL MAY 2014 597.5000 CALL||
|Last [Tick]||0.1500 [ – ]||Change||-0.01|
|Day High||0.43||Bid Size||2|
If you held onto the $597.50 call option until 4:00 p.m. (e.d.t.), the buy to close was $.20.
If you secured a $.30 premium, you closed it with at least a $.10 profit on the call spread.
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