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-Sell the Apple Call Spread position
Sell the Apple (AAPL) March, 2012 $430-$460 call spread for a net price of $29.65 or best
Closing Trade
2-28-2012
expiration date: 3-17-2012
Portfolio weighting: 20%
($10,000/100/$29.65) = 8 Contracts
To execute this trade you must two positions simultaneously:
1) Sell The (AAPL) March, 2012 $430 calls at $103.25
2) Buy to cover the short position in the (AAPL) March, 2012 $460 calls at $73.60
try placing an order for the spread, or both calls together in a combined number, in the middle market or you will pay too much in execution costs
full text to follow
