Back on June 5 I entered a trade in Apple Stock in the ongoing Million Dollar Challenge.
With the stock down today I had to engage in a roll-down. While I believe the stock will rebound shortly to at least my short put positions, it is a win-win type scenario when a roll-down in Apple Stock is undertaken so it is not a mistake to follow the rescue strategy that was established at the time of the original trade.
Here are the rescue trades done today following another drop in the stock.
This is the final year of a four year challenge. Members can review the challenge here.
This latest trades in Apple Stock can be placed today or even tomorrow. It comes down to your comfort level.
The rest of this Apple Stock article is for FullyInformed Members.
Update of Apple Stock June 5 Trade in the Million Dollar Challenge – June 15 2017
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Apple Stock Internal Links
Review Apple Stock 2015 Biweekly Put Selling Strategy Trades
Review Apple Stock 2014 Biweekly Put Selling Strategy Trades
Review Apple Stock 2013 Biweekly Put Selling Strategy Trades
Read The Million Dollar Challenge Outline
Learn The Apple Stock Biweekly Put Selling Strategy
Review All Strategy Articles On Apple Stock
Apple Stock External Links
Apple Stock Investor Relations
Apple Stock Financial Statements
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.