Had to run, unexpectedly, this morning so I wasn’t able to manage this position as I would have liked to. Below is the original position:
1. Apple (AAPL) April 12 Put Butterfly (4/18/12)
I closed the spread near the $600 level on Apple (AAPL). It traded around the $590 strike for the latter 1/3 of the day where I could have liked to take profits. Below is the time stamped (PDT) tweet of my exit:
Here’s the EOD risk profile:
Could have been a big winner at the closing price of $3.14, oh well, happy to take good profits overnight regardless!
