AAP Near Bulletproof in Plain Vanilla

Just got our virtual AAP position darn near Bulletproofed. During the webinar, Mike Chupka and I were able to access the PowerOptions Portfolio tools and quickly analyze the potential Income Method #1 positions for our Plain Vanilla virtual trades. So, here is the trade:

AAPFI AAP Jun 2009 45 CALL Sell to Open 3 @ $1.30

Let’s see how this works out going forward through June expiration.

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