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Thursday, May 2, 2024

Comment by Douglas Abel

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  1. Douglas Abel

     Phil,
    I have been working my way through the K1 Project.  Amazing info.  K1 has done a great service for all of us trying to come up the learning curve.  The information is excellent, and will take some time to digest …. but digest it I will !
    I am going to put on the APPL Leap trade this morning.  
    Yesterday’s summary
    APPL 2010 $120 CALLS for $43.50  (Now at 47.65), and sell MAY 155 at $5.50 (Now at $5.05)
    Today …
    Given yesterday’s moves, and the fact that APPL looks like it will open up about $1.40
    I am inclined to adjust the trade to the 130 LEAP and Sell the May calls …. is this the right move ?
    thx
     



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