I own 200 shares of Apple (AAPL) to sell Calls against. I also own shares that are in my Wealth Builder’s Pillar of Strength Portfolio.
I decided not to sell Calls against my 200 shares. I figured it’s only Tuesday. To get a decent premium with the stock in the $317.50 area I would have to go no higher than a $325 Call. I think if they report good earnings the stock can go much higher before Friday. They will report in about 10 minutes. Let’s watch and see how they do. Without I Call sold I hope they blow it up!
Successful trading,
Steve
The Options Coach