Bought 2 Apple LEAPS

I was filled on 2 LEAPS with Apple (AAPL). Apple looked good to me today because it’s down about $10. Both of these positions will be in my Wealth Builder Stock Alternative Portfolio. 1 has an Expiration Date of 1/21/22 and the other 6/17/22. These Expiration Dates give me great protection against Time Decay with a very good stock, maybe the best!

Buy to Open 1 AAPL 1/21/22 $380.00 C @ $58.50

The other option was more expensive. When I bought this one the stock price was a little higher. Plus, this second option has more Time Value so the premium is higher. This one goes out to 6/17/22.

Buy to Open 1 AAPL 6/17/22 $380.00 C @ $67.50

I don’t know how long I’ll hold these position. It all depends on how the stock moves. The good thing about LEAPS is I can hold long term if I want.

Successful trading,

Steve

The Options Coach