Jan 28, 20212 min

Premium Membership Positions - January 28, 2021

Updated: Mar 13, 2021

Hey Members!

We had many of you tell us that you made around $200-1000 profits with your APPL LEAPS for this past month. Woohoo! 🎉

It looks like a lot of our favorite companies had great earnings this week, including AAPL and MSFT.

If you are bullish on these companies, like their fundamentals, and they fit your risk tolerance, you can consider buying a LEAPS call option. We recommend buying a Delta 0.80 contract for the January 20, 2023 expiration.

Stock: AAPL

Stock Price: $139.66

Expiration Date: 2023-01-20

Type: Call

Delta: 0.80

Strike: $100

Investment: $5100

For some of you who want to make a quick profit, you can sell this at a limit order of around $300 to $400 more. If you want to invest in this option, you can hold it until the next earnings date when IV is high.

At the time we are writing this, it seems that MSFT may be running a bit high right now. We are waiting to see if the stock cools down the next couple of days before considering entering a LEAPS option.

Again, remember to start a small position. LEAPS options are derivatives of the underlying stock and have magnified price movements. Since these are Delta 0.80 LEAPS, this means that for every $1 move up of the underlying stock, your LEAPS option will gain $80. However, it can also go the other way where if the underlying stock drops $1, your LEAPS option will lose $80. Please trade and invest responsibly. 🙏

Stay disciplined and profitable! 😎

- Call to Leap Team

The following article is strictly the opinion of the author and is to not be considered financial/investment advice. Call to Leap LLC and the author of this article does not claim to be a registered financial advisor (RIA) or financial advisor. Please visit our terms of service and privacy policy before reading this article.