The market traded in a tight range on Monday as both the bulls and bears waited on Apple’s (AAPL, $529.88, up $3.92) earnings after the close. Shares made a push past $530 late in the session but Tech ended lower along with the Dow and small-caps to give the bears a very slim victory. (continued…)
We will cover Apple’s numbers more in-depth in our midday update. In the meantime, the Stop Limit on the last quarter of our Safeway (SWY, $35.85, down $0.69) call options triggered into yesterday’s close at $2.25. The total return was 145% and everyone should be out of the trade. We will keep the stock on our Watch List as a run to $38 could still come but for now we are out with another triple-digit win.
We have returned some incredible gains over the past 2 months and continue to provide the BEST options trades in the business. Take a look at these gains in September and October so far:
+213% OPK (LEAP) call options
+103% NPSP call options
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+182% NPSP (LEAP) call options
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