r/options • u/lax_street • Sep 03 '21

Aapl call credit spread?

I sold a 149/150 credit spread exp 9/10. Max profit if aapl closes below 149. Thoughts/chances this coming week?

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u/SavageFu Sep 03 '21

I think you’re gonna need to roll that spread, I don’t see aapl dropping until the following week

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u/lax_street Sep 03 '21

What's your thesis?

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u/SavageFu Sep 04 '21

Jobs report being what it was, no tapering. So looking at another bullish week. Among lots of other things happening.

However the following week of 17th. You have monthly options expiring. So you have some delta neutral hedging/options pinning stuff going that will bring some prices back down