AAPL…Position Update

We were stopped out of half our remaining Long AAPL position today
@ 559.
Those of you Long the DEC 27 540 calls, you should have sold another piece around 24.
This leaves us with a small core position with a break even stop.
Not all of you will want to take delivery on the Stock since it requires a lot of capital.

Next week we’ll take a look at selling the remaining 540’s and buying something that expires in late January at a higher strike.

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