Option Investor

March Option Writer Risk Management

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AAPL - Apple's CFO came out and reassured investors that they are still on target to meet thier 2008 goal of 10 million iPhones. We wanted to give it a bit of room and set a break of the 131 resistance as the risk management target. So cover your short 135 call (if you placed the trade). Shoulda woulda kept the 115 put. Darn.

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