Bought Apple LEAPS for Wealth Builder
I normally don’t get into a position with earning due. And Apple reports today.
I feel Apple’s earning will be good, but even if they’re not I bought an Apple LEAPS that don’t expire until 2023.
With Apple at $143 I bought 5 AAPL 1/20/23 $145 Calls for a premium of $29.95. These LEAPS will be put into my Wealth Builder in the Stock Alternative Portfolio.
Buy to Open 5 AAPL 1/20/23 $145.00 C @ $29.95
I plan on holding this position long term. If I have a big profit and a correction is predictable I might sell earlier.
Successful trading,
Steve
The Options Coach