The AppleOption Long-Term Portfolio (LTP) is positioning it’s holdings to sell premium!

We have decided to take advantage of this market bottom. Thus we are entering the 2010 LEAPS Apple Stock Option position. The plan is to sell premium between now and option expiration. The strategy will allow us to collect approximately $34,500 of profit from premium collected by selling options during this period. Therefore, we are risking $14,000 in capital, though will be on track to make 246% or 123% annually on this trade regardless of what Apple share price does in the next 2 years. Additionally, if Apple’s share price is greater than the LEAPS strike we will net additional gain from these calls.

If you are not yet a member of AppleOption, we encourage you to think about the possibility of the above trade. This is a long term portfolio strategy that requires very little maintaince on a weekly basis. It’s a business of leasing stock and collecting monthly rent. Join us today to learn more about this trade!

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