Month: November 2012

Anatomy of AAPL Bull Call Spread (1000% return)

Today, AAPL is up over $26 , and the Bull Call spread is up about $4K. This is already a return of 33% in 3 days (1000% return annualized), but I believe the trade still has room to go. I’m taking profits on 30% of the trade (3 contracts), and letting 7 contracts run. Sure, not all trade entries can be perfect like this – but if you know what to look for, you will become a better trader.