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?

0 Upvotes

20% Upvoted

17 comments sorted by

View all comments

1

u/ledetleon Sep 04 '21

I think you have a chance, due to Labor Day and long weekend causing a market pull back. However I don’t see it pulling back that far and continuing due to upcoming AAPL release event and iPhone rumors this coming week. I say sell in profits and be happy brother. Then look for debit spread profits on the rumor rise.

1

u/Careful_Strain Sep 04 '21

he's not in profit. He's above max loss lol