Apple Inc. (AAPL) posted earnings on Tuesday night and the stock reacted by gapping up. Hopefully you were able to get into the EPS trade and then close it. If you are still in it, cover the call and disregard this position. The stock is slightly down today while the rest of the markets are getting pushed down. The trade is to sell 1 contract of the November 80 Puts with a target of $2.25 per contract. Those of you that are tight on margin may want to skip this one. The trade requires about $810 per contract in initial margin, including the premium received. The technical stop price is at $84.80 in order to give the stock a little wriggle room if the stops are run.