STP - Selling Premium
May 12th, 2008, 12:35 pm. Posted under AppleOption STP, Trade Alert !! by AppleOption.
Apple stock today has climbed over $5 and reached the $188.70 resistance line. It touched this level and then fell back. We will use this as a short term indicator of potential stalling of the stock during option expiration week and will enter the following trade.