PMCC on AAPL

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PMCC on AAPL

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Hello!

I'm pretty bullish on Apple, and I think they're going to keep growing for quite some time. Since I dont have 12k lying around to buy 100 shares, I thought it a good idea to try a PMCC on AAPL.

I'd like to buy the 85C expiring 21Jan 2022, it has a high delta of 87 and is going to cost about $3845.

According to Optionsprofitcalculator, if Apple expires at above $124/share it's going to be profitable. Pair this with selling calls, I can't see how this can fail? Unless Apple really gets beaten down from this market selloff, or it plummets for some reason.

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BakerStreetBoys221B

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Posted: 3 years ago
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External URL: reddit.com/r/options/com...