Hi Wealth Builders! 👋
Hope everyone has exciting plans for this Memorial Day long weekend! Here are the trades for next week:
Steve's Trades
We're going continue our AAPL Jade Lizard this week (AAPL Cash Secured Put plus an AAPL Bear Call Spread).
1. AAPL Cash Secured Put
Expiration Date: July 7, 2023
Step 1: Have $16,500 of cash as collateral
Step 2: Sell 1 $165 strike put option (delta -0.19) for $107
Credit/premium received: $107
2. AAPL Bear Call Spread
Expiration Date: July 7, 2023
Step 1: Buy 1 $210 strike call option (delta 0.01) for $8
Step 2: Sell 1 $185 strike call option (delta 0.22) for $84
Step 3: Set a buy-stop order of 100 shares at $184
Credit/premium received: $84 - $8 = $76
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Make sure to check it out on the bottom of your "Dashboard" and follow the instructions on how to sign up. If you need help, feel free to send us a message.
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Have a wonderful weekend! 🙂
-Steve and the Call to Leap Team
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