AppleOption STP is issuing a Trade Alert.

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AppleOption is issuing an Index Condor Portfolio Trade Alert.

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AppleOption is issuing a trade alert for the Short Term Portfolio.

We initiated a STP trade last friday and now only 5 trading days later, we will close part of the trade for 32.5% Gain.

Now that gain might sound impressive, however we only sold a portion of the position. We bought a total of 18 contracts for $0.533 each (total cost basis $959.40). This morning we sold 12 contracts for $1.06 each (total $1,272). The total gain is $312.60 or 32.5%, but the trade is not over!

AppleOption STP owns 6 remaining contracts with a completely FREE cost basis. We’ve already locked in a 32.5% gain and now potential will do better. If we sold all the contracts this morning then total gain would have been 98.8%.

UPDATE: Our standing order to sell at $1.70 executed 3 more contracts for a total profit of $510 or a gain of 218% (since we bought at $0.533). We still have 3 more contracts open… and the next standing order is $2.25 for 2 contracts.

UPDATE 2: Our standing order to sell at $2.25 executed 2 more contracts for a total profit of $450 or a gain of 322% (since we bought at $0.533). The portfolio only has 1 contract open… we will hold out on this one for Apple to hit $140 or more such that the contract will be worth $5 or more.

Trade Summary To-Date: 17 of 18 contracts sold for a total of ($1,272 + $510 + $450) $2,232 with an inital cost basis of $959.40. The net profit is $1,272.6 or 132.6% Gain Realize that there is still one contract left to sell until this trade is closed.

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