Trade Alert – (AAPL) August 27, 2012

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.

Trade Alert – (AAPL)

Buy the (AAPL) September, 2012 $580-$630 Call Spread at $46.50 or best

Opening Trade

8-27-2013 –

expiration date: 9-21-2012

Portfolio weighting: increase from 25% to 35%

($10,000/100/$46.50) = 2 Contracts

Run with the momentum and increase your Apple long. The Samsung patent win immediately drops another $1 billion to Apple’s bottom line. The $700 upside target is now within range.

Here are the specific trades you need to execute this position:

Buy 2 X (AAPL) September, 2012 $580 Calls at…………….$100.80
Sell short 2 X (AAPL) September, 2012 $630 calls at………$54.30

Net Cost……………………………………………..$46.50

Maximum profit at expiartion = $50.00 – $46.50 = $3.50

($3.50 X 100 X 2) = $700, or 0.70% for the notional $100,000 model portfolio.

I’ll Take Another Bite Steve