I opened
$APP 20250509 380.0 CALL$ ,
Just sold a covered call on APP expiring on its rearming week. IV is high thus premium is quite decent. If the share price can break above this strike after earnings, happy to have its underlying being called away with a small profit. Trying to get back some finds and hold them in cash. The current share price is still trapped in a bearish channel created since its last peaked all time high of 510 with its current level still trending below the 200EMA. Not a positive signal at all. $APP 20250509 380.0 CALL$

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