Long

BUY 1 BUTTERFLY AAPL 100 11 SEP 20 480/500/520 CALL @3.60 LMT

Updated

Looking for a move into $500 but not wanting to put on a pin (iron fly) just yet. Will consider it if we stall there.

Note

Looking to take off at 100%. Will put on another butterfly if price doesn't take a breathe at this 500 level and probably sell 520s.

Trade closed manually

Sold @2.75 should have taken chips off the table yesterday. Price went above 500 and has been hovering ever since.

Note

Lesson learned. Currently trading at 12.35 credit. Patience and timing.

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