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March Option Writer Risk Management

HAVING TROUBLE PRINTING?
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AAPL - Apple news affecting the price negatively today is regarding the an analyst's assumption that the company won't meet its goal of selling 10 million i Phones in 2008. The next support level is at the 89 week moving average and the July low (see chart).



For these reasons, lets cover the March 115 put and be ready to resell a lower strike if the stock actually goes to the 111.7 range.

Also, cover the 145 call for 0.26 and sell the 135 call with a target of 0.86.

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