AAPL Loss Recovery Trade

Half of American Families own AAPL as a long-term position and have likely seen paper losses on their position. To recover this loss we would want to buy one 245 call at May 15 expiration, while shorting two 275 calls at May 15 expiration.

This front ratio spread with 100 shares of AAPL allows 2x upside after 245, and the debit spread in it can be rolled up for more upside.

At the time I came up with this trade AAPL was at 245, so adjust it as the price changes.

I go more in-depth in the video I posted below!
Beyond Technical Analysis

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