Just two days ago I was writing about how to roll-down Apple Stock credit put spreads profitably. Today an investor tweeted me his results on his trade in Apple Stock.
Back on Dec 18, Patrick sold the Dec 31 expiry $100 put strike for 71 cents. Today he closed that position for 19 cents. This is a gain of 52 cents or 0.52% in 3 trading days. This is an annual return of 63%.
Patrick tweeted his chart today showing his entry point and exit. He is showing just how successful a do-it-yourself investor can be when they learn a strategy and follow a trade to its conclusion. He is also demonstrating that taking profits early is essential in today’s market environment.
This year Apple Stock has been just amazing for returns and investors such as Patrick have emailed or tweeted every day. Many investors this year have surpassed my returns especially in individual stocks.
Investor Tweet
In his tweet Patrick indicated: “Nothing like a good “Teddi setup” as I like to call them. Thanks for the great year @BeFullyInformed.”
Understanding The Importance Of Taking Profits
Patrick is just one of many investors who are understanding the value and importance of taking profits in the present market……..the rest of this strategy article is for FullyInformed Members.
Understanding Taking Profits Early In Apple Stock
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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