did you buy 100shares of AAPL or maybe a DITM call today for a bullish play on earnings? put on this cheap ratio spread to get double upside potential up to 630..
in addition to your long stock or DITM call, add the july27weekly:
july27weekly 615/630 ratio spread for an additional $1.00 (buy a 615, sell two of the 630's)
just the ratio spread portion profits from about 615-645, with max profit being a pin at 630 on friday. you are not naked short that extra 630call, its covered by your existing long stock or your DITM call. your ratio profits on up move while concurrently your stock/call is gaining as well