• 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) September 6, 2012

Trade Alert

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)

Sell the (AAPL) September, 2012 $550-$600 Call Spread at $49.65 or best

Closing Trade

9-6-2012

expiration date: 9-21-2012

Portfolio weighting: 25%

($25,000/100/$49.65) = 5 Contracts

We have taken 89% of the potential profit from this trade. Apple shares have moved up a healthy $52 since we laid on this position three weeks ago. The iPhone 5 announcement came in September, as my sources told me. Past price action tells us that the actual day of the announcement, September 12 in this case, marks interim tops in the stock. So it?s time to take the money and run and use our major to more effective use in more profitable trades. Another alert is to follow shortly. We will revisit Apple on the next $50 dip.

Here are the specific trades you need to get out of this profitable position. These are just ballpark levels because prices are all over the map today, especially for the deep in the money calls with only a few days until expiration:

Sell 5 X (AAPL) September, 2012 $550 Calls at??????.???. $122.70
Buy to cover the short 5 X (AAPL) September, 2012 $600 calls a?..?.-$73.05

Net Cost?????????????????????????. $49.65

Profit = $49.65 - $46.70 = $2.95

($2.95 X 100 X 5) = $1,475, or 1.48% for the notional $100,000 model portfolio.

This is the 17th profitable consecutive closing position for the Trade Alert Service.

Thanks One More Time Steve!

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2012-09-06 10:34:082012-09-06 10:34:08Trade Alert - (AAPL) September 6, 2012

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: The New California Gold Rush. Link to: The New California Gold Rush. The New California Gold Rush. Link to: Trade Alert - (GLD) September 6, 2012 Link to: Trade Alert - (GLD) September 6, 2012 Trade Alert - (GLD) September 6, 2012
Scroll to top