Sneaky Falcon Enterprises, LLC has sold 1 Call Option on Apple (Ticker NASDAQ:AAPL).
This is a bit of an overdue update, as we actually sold our original call option back on March 27th, only to buy another on the 28th following a sharp price dip. We finally closed out our position once again on 4/5.
To recap, both call options were bought at a strike price of $170, and with an expiration date of 4/20/2018. We promptly collected out profits, taking advantage of volatility in an otherwise strong company.
The original option was purchased for $4.35 per share and sold 4 days later at a price of $6.84. Round two was purchased for $3.50 per share and sold after a holding period of 7 days for a price of $5.40.
While we aren’t putting major money towards this test, our little Apple options “strategy” netted us $234 and $175 in profit (after fees) respectively. Not too shabby. Quick wins with little capital required work for us.
See all of the other stocks and assets we are investing in on our portfolio page!