• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

Trade Alert - (AAPL) November 18, 2021 - SELL-TAKE PROFITS

Tech Alert

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.


Alert

 

Tech Alert - Apple Inc. (AAPL) – TAKE PROFITS

SELL Apple Inc. (AAPL) November 2021 $137-$142 in-the-money vertical BULL call spread at $4.98

Closing Trade

11-18-2021

expiration date: November 19, 2021

Portfolio weighting: 10%

Number of Contracts = 23 contracts

This was a short-term bet that Apple Inc. (AAPL) would stay above $142 by November 19th expiration and the underlying stock is trading at $157 now meaning that barring anything crazy, we will expire in-the-money.

Why did we make this trade?

Apple was down more than 3% that morning because of constraints that had around a $6 billion revenue dollar impact, driven primarily by industry-wide silicon shortages and COVID-related manufacturing disruptions.

It did nothing to dent the overall story of Apple and had set an all-time record for Mac and quarterly records for iPhone, iPad, wearables, home, and accessories, representing 30 percent year-over-year growth in products.

Apple’s services business performed better than expected in the latest quarter where they had a record of $18.3 billion and grew 26 percent year over year. And they set quarterly records in every geographic segment with strong double-digit growth across the board.

That sounds like a company to dip-buy into which is what we did.

Apple still has a chance at hitting my year-end target of $170, so we are just $13 from that with 6 weeks left this year.

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

Sell to Close 23 November 2021 (AAPL) $137 calls at………….………$20.37

Buy to Close 23 November 2021 (AAPL) $142 calls at………........….$15.39

Net Proceeds:……………………..…….………..…............................….....$4.98

Profit: $4.98 - $4.28 = $.70

(23 X 100 X $.70) = $1,610 or 16.35%

 

If you are uncertain on how to execute an options spread, please watch my training video by clicking here.

The best execution can be had by placing your bid for the entire spread in the middle market and waiting for the market to come to you. The difference between the bid and the offer on these deep in-the-money spread trades can be enormous.

Don’t execute the legs individually or you will end up losing much of your profit. Spread pricing can be very volatile on expiration months farther out.

Keep in mind that these are ballpark prices at best. After the alerts go out, prices can be all over the map.

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
https://www.madhedgefundtrader.com/wp-content/uploads/2016/02/Alert-e1457452190575.jpg 135 150 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2021-11-18 13:35:472021-11-18 13:35:47Trade Alert - (AAPL) November 18, 2021 - SELL-TAKE PROFITS

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: Trade Alert - (BAC) November 18, 2021 - EXPIRATION AT MAX PROFIT Link to: Trade Alert - (BAC) November 18, 2021 - EXPIRATION AT MAX PROFIT Trade Alert - (BAC) November 18, 2021 - EXPIRATION AT MAX PROFIT Link to: Trade Alert - (MSFT) November 18, 2021 - SELL-TAKE PROFITS Link to: Trade Alert - (MSFT) November 18, 2021 - SELL-TAKE PROFITS Trade Alert - (MSFT) November 18, 2021 - SELL-TAKE PROFITS
Scroll to top