AAPL Trade Conclusion
Apple went up which was the opposite way of the EPS trade's bias. I could have neutralized the trade a little more but I am pleased with the results. As the screenshot below shows, 10 contracts made about $1,300 net of commissions. The Implied Volatility of the November options dropped to 69.25% from yesterday's close at 85.5%. The IV has increased a bit to 71.5% since I started to writeTherefore, my assumption that the IV would decrease 15% was correct.