Apple (AAPL): 180.32
With some of the unknowns out of the way, the market is climbing higher. With our AAPL position, there is only about $20 of time left in our short options. Let’s roll it up and out.
Trade Action: Roll the short-dated call for a credit of around 0.05 – 0.20
BTC the AAPL 9 JUN 172.5 call
STO the AAPL 7 JUL 175 call
The Master Portfolio is trading 5 contracts