APP: collect 1.05% premium on this short call with strike at $380.
Contract expires next Fri on 25th July.
APP again had been snubbed in the latest S&P including in favor of a company that is less volatile but much lower in valuation.
Despite this news, APP still didn't drop on an otherwise very bullish market at all time highs regions.
I think APP has good business model, only is about its valuation, which as long as there are buyers and believe its success story, will continue to be a bullish company for a while more.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 4.00 1Lot(s) | -- Closed |
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