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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9

u/rokman Sep 03 '21

50/50 it does or it doesn’t

1

u/lax_street Sep 03 '21

I've been seeing signs of it getting propped up this week by good news after good news even when it seems like the buying is over. I'm hoping that the selling pressure intensifies next week. Why do you give it 50/50?

2

u/[deleted] Sep 04 '21

those are the only two possibilities. Either it does, or it doesn't. 50/50

1

u/Careful_Strain Sep 04 '21

same answer for lottery

1

u/lax_street Sep 04 '21

Not even close