closing the $AAPL trade from 12mar

14mar- closed the credit put spreads i entered 2days ago. remember my rule of if the spread gets 40-50% of the max profit in 2-3 days i take profits. Good chance stock will reverse and can enter spread again.

Sell Apr510/515 credit put spreads at $1.03 x 11 = $1133 credit
bought back today at .50 x 11 = $550
profit on 2 day trade = $583 for 51% of max profit


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12mar


Apple hitting a new high today and breaking thru resistence. using the low from 6feb which was 516ish to shoot against for a mild support line i entered:

12mar - Sell Apr510/515 credit put spreads at $1.03 x 11 = $1133 credit

Using the Trademonster Analyse tab this spread has a 78% probability of max profit. If stock pulls back i may be adding some lots to this trade.