Apple Appears to be at an Attractive Level
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I think I could win twice on this one if the stock and IV go up at the same time. Thus I feel I have 'edge' in the trade. I am going to buy the 550 calls in April for 6.50 or so. My goal is to double my money and I will kill the trade if it drops below $3.00 a share. AS ALWAYS, this is a guideline and you should always stick to your trading plan and what's best for your risk/reward tolerance.
Trade: Buy to open AAPL Apr 550 calls for $6.50.
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