Sunday, October 25, 2009

Trade by Joseph - AAPL ITM bull call - Oct 26




ITM bull call on AAPL:
BTO April 10 strike 175 call
STO April 10 strike 180 call
The mid price of this trade is 3.73. ROI is 1.27/3.73 = 34% in 6 months.
The natural price is 4.45. ROI is 0.55/4.45 = 12.3%
If we can get a fill at (3.73+4.45)/2 = 4.09. The return is 22%.
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2 comments:

  1. InnovestorOctober 31, 2009 at 5:18 PM

    Joseph,

    Any updates on this trade?

    ReplyDelete
  2. josephOctober 31, 2009 at 7:40 PM

    I tried to get filled at 3.73. But the trade was never filled.

    ReplyDelete

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About Me

An engineer by training graduated with B.Sc (hons) and MBA from Strathclyde university in Glasgow, Scotland. Started as an engineer in R&D for 3 years with Philips. Then, worked with DuPont for 13 years. Last job was VP, Marketing for Asia Pacific. Left to start a number of companies in various segments which include a large electronic distribution, a VoIP provider, an internet trading portal in Australia,and an executive training consultancy firm. Have listed companies in NYSE, Australia Stock Exchange, Singapore Stock Exchange Main Board. I was on the Board of Directors for 1 company listed in Thailand, 1 in Singapore and 1 in Australia. Was in the senior management of a company listed in NYSE. Still holding major share positions in the VoIP and Executive training companies. Both are private companies.

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These articles merely reflect the opinions of this author and are by no means a guarantee of future economic conditions, market or stock performance. Though the author strives to provide accurate and relevant data, he sometimes relies on external sources and cannot assure the reader of the accuracy of these external sources. Additionally, these articles are provided for INFORMATIONAL PURPOSES ONLY and are NOT MEANT to provide investment advice to anyone. For investment advice, please consult your professional adviser.