🔒 Premium Membership Positions - February 10, 2021

Howdy!

We are entering another AAPL LEAPS position here at Call to Leap! If you like the company's fundamentals and have a bullish outlook for the next 3-6 months, you can consider purchasing a delta 0.80 LEAPS option to start off.

Here is the current chart for AAPL, which is trading at $135.70:

Here is the option chain for the January 20, 2023 expiration date:

Stock: AAPL

Stock Price: $135.70

Expiration Date: 2023-01-20

Action: Buy

Type: Call

Delta: 0.80

Strike: $95

Investment: $5015

You can set your limit sell order for around $300-400, meaning that you can sell your LEAPS for $5315 or $5415. If you want to hold it for a longer duration, you can also consider selling it 1-2 weeks before the next earnings date sometime towards the end of April.

Remember to start with 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 in value. 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.

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